Filed January 18, 2006
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $15,610 |
ALERUS FINANCIAL, N.A.2+ years Filed as: ALERUS INVESTMENT ADVISORS, INC. Service code 27 · EIN 42-1378382 | Advisory (Plan) | $1,598 |
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,463 | $32,425-12.2% | $74,583-61.8% | $55,167-48.4% |
| Participation rate | 92.5% | 54.0%+38.5pp | 68.1%+24.3pp | 69.0%+23.5pp |
| Annual return | 6.92% | 10.63%-3.7pp | 20.47%-13.5pp | 169.23%-162.3pp |
| Employer contribution / active EE | $1,378 | $1,043+32.0% | $2,525-45.4% | $1,963-29.8% |
| Participant deferral / active EE | $2,208 | $1,995+10.7% | $3,458-36.1% | $3,054-27.7% |
| Admin fee / account holder | $118 | $748-84.3% | $4,138-97.2% | $504-76.6% |