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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.6+ years Service code 50 · EIN 45-6062081 | Direct Payment | $10,841 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,198 | $54,573+25.0% | $90,970-25.0% | $73,497-7.2% |
| Participation rate | 98.0% | 61.2%+36.8pp | 69.0%+29.0pp | 70.7%+27.3pp |
| Annual return | 18.59% | 16.69%+1.9pp | 134.60%-116.0pp | 28.51%-9.9pp |
| Employer contribution / active EE | $902 | $991-9.0% | $2,122-57.5% | $2,270-60.3% |
| Participant deferral / active EE | $2,262 | $2,517-10.1% | $3,373-32.9% | $3,740-39.5% |
| Admin fee / account holder | $56 | $521-89.2% | $5,961-99.1% | $513-89.1% |