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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.9 years Service code 15 · EIN 45-6062081 | Recordkeeping | $25,045 |
Filed as: INTELLICENTS INC Service code 26 · EIN 41-1471080 | Advisory (Participants) | $16,702 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,760 | $64,890-3.3% | $134,172-53.2% | $67,986-7.7% |
| Participation rate | 74.3% | 48.5%+25.7pp | 72.5%+1.8pp | 57.2%+17.0pp |
| Annual return | 14.96% | 16.12%-1.2pp | 25.30%-10.3pp | 31.67%-16.7pp |
| Employer contribution / active EE | $1,145 | $1,360-15.8% | $3,420-66.5% | $2,019-43.3% |
| Participant deferral / active EE | $2,928 | $2,289+28.0% | $4,690-37.6% | $3,358-12.8% |
| Admin fee / account holder | $256 | $3,140-91.8% | $12,016-97.9% | $3,203-92.0% |