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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.10+ years Service code 50 · EIN 45-6062081 | Direct Payment | $8,642 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,679 | $59,402+22.3% | $93,654-22.4% | $74,546-2.5% |
| Participation rate | 72.1% | 59.7%+12.5pp | 68.7%+3.4pp | 67.2%+4.9pp |
| Annual return | 14.54% | 81.86%-67.3pp | 133.34%-118.8pp | 1366.03%-1351.5pp |
| Employer contribution / active EE | $791 | $1,265-37.4% | $2,421-67.3% | $2,624-69.8% |
| Participant deferral / active EE | $1,853 | $3,049-39.2% | $4,413-58.0% | $4,347-57.4% |
| Admin fee / account holder | $53 | $3,023-98.2% | $8,282-99.4% | $1,944-97.2% |