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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.9 years Service code 15 · EIN 45-6062081 | Recordkeeping | $57,154 |
MORGAN STANLEY SMITH BARNEY10+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 27 · EIN 20-8764829 | Advisory (Plan) | $54,825 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $165,372 | $101,653+62.7% | $147,080+12.4% | $74,459+122.1% |
| Participation rate | 99.1% | 75.6%+23.6pp | 82.2%+17.0pp | 67.2%+31.9pp |
| Annual return | 14.71% | 8754.98%-8740.3pp | 420.17%-405.5pp | 1369.70%-1355.0pp |
| Employer contribution / active EE | $3,919 | $3,813+2.8% | $4,933-20.6% | $2,626+49.2% |
| Participant deferral / active EE | $10,253 | $7,304+40.4% | $8,066+27.1% | $4,350+135.7% |
| Admin fee / account holder | $251 | $1,752-85.7% | $12,989-98.1% | $1,945-87.1% |