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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MORGAN STANLEY Service code 27 250 MARQUETTE AVE STE 1200 · MINNEAPOLIS, MN 554011874 | Advisory (Plan) | $52,635 |
ALERUS FINANCIAL, N.A.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $32,057 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $101,191 | $155,795-35.0% | $136,297-25.8% | $69,631+45.3% |
| Participation rate | 94.0% | 75.2%+18.8pp | 81.9%+12.1pp | 70.7%+23.3pp |
| Annual return | 12.87% | 232464.33%-232451.5pp | 5156.19%-5143.3pp | 27571.02%-27558.2pp |
| Employer contribution / active EE | $4,250 | $2,991+42.1% | $4,696-9.5% | $2,032+109.1% |
| Participant deferral / active EE | $6,374 | $5,394+18.2% | $6,247+2.0% | $3,224+97.7% |
| Admin fee / account holder | $176 | $128+37.6% | $9,244-98.1% | $110+59.8% |