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| Provider | Service type | Compensation |
|---|---|---|
Filed as: INTELLICENTS INC Service code 26 · EIN 41-1471080 | Advisory (Participants) | $14,238 |
ALERUS FINANCIAL, N.A.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $9,886 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,605 | $65,557-41.1% | $105,738-63.5% | $56,287-31.4% |
| Participation rate | 77.5% | 63.4%+14.1pp | 76.3%+1.2pp | 69.9%+7.7pp |
| Annual return | 21.69% | -1.32%+23.0pp | 6.27%+15.4pp | -9.96%+31.6pp |
| Employer contribution / active EE | $924 | $1,788-48.3% | $3,268-71.7% | $2,111-56.2% |
| Participant deferral / active EE | $2,583 | $2,418+6.8% | $4,080-36.7% | $3,350-22.9% |
| Admin fee / account holder | $210 | $561-62.6% | $6,913-97.0% | $521-59.7% |