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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.8+ years Service code 50 · EIN 45-6062081 | Direct Payment | $10,470 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,882 | $49,451+23.1% | $79,580-23.5% | $66,938-9.0% |
| Participation rate | 84.0% | 61.3%+22.7pp | 69.5%+14.5pp | 69.8%+14.2pp |
| Annual return | -16.90% | 84.25%-101.2pp | 0.15%-17.1pp | 1.58%-18.5pp |
| Employer contribution / active EE | $892 | $1,266-29.5% | $2,413-63.0% | $2,545-64.9% |
| Participant deferral / active EE | $2,258 | $3,159-28.5% | $3,985-43.4% | $4,238-46.7% |
| Admin fee / account holder | $60 | $595-89.9% | $6,835-99.1% | $594-89.9% |