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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 59-2937883 | Advisory (Plan) | $22,620 |
ALERUS FINANCIAL, N.A.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $15,518 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,620 | $55,122+33.6% | $104,614-29.6% | $73,493+0.2% |
| Participation rate | 83.3% | 67.7%+15.6pp | 74.1%+9.3pp | 70.7%+12.7pp |
| Annual return | 22.85% | 24.77%-1.9pp | 340.56%-317.7pp | 28.51%-5.7pp |
| Employer contribution / active EE | $2,486 | $1,464+69.8% | $2,681-7.3% | $2,270+9.5% |
| Participant deferral / active EE | $6,518 | $2,919+123.3% | $3,739+74.3% | $3,740+74.3% |
| Admin fee / account holder | $261 | $423-38.2% | $6,464-96.0% | $513-49.1% |