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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 | $59,467+22.2% | $93,727-22.5% | $74,478-2.4% |
| Participation rate | 72.1% | 59.6%+12.5pp | 68.7%+3.4pp | 67.2%+4.9pp |
| Annual return | 14.54% | 82.14%-67.6pp | 133.83%-119.3pp | 1370.56%-1356.0pp |
| Employer contribution / active EE | $791 | $1,267-37.5% | $2,421-67.3% | $2,626-69.9% |
| Participant deferral / active EE | $1,853 | $3,052-39.3% | $4,417-58.0% | $4,350-57.4% |
| Admin fee / account holder | $53 | $3,028-98.2% | $8,292-99.4% | $1,946-97.3% |