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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.9+ years Service code 50 · EIN 45-6062081 | Direct Payment | $11,351 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,322 | $54,717+17.6% | $86,216-25.4% | $71,511-10.1% |
| Participation rate | 87.7% | 60.1%+27.6pp | 69.0%+18.7pp | 67.9%+19.7pp |
| Annual return | 15.98% | 20.07%-4.1pp | 1169.42%-1153.4pp | 28.86%-12.9pp |
| Employer contribution / active EE | $967 | $1,267-23.7% | $2,382-59.4% | $2,589-62.6% |
| Participant deferral / active EE | $2,424 | $3,110-22.1% | $3,986-39.2% | $4,291-43.5% |
| Admin fee / account holder | $66 | $1,922-96.6% | $6,853-99.0% | $1,588-95.8% |