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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $27,513 |
Filed as: INTELLICENTS INC Service code 26 · EIN 41-1471080 | Advisory (Participants) | $25,213 |
CHARLES SCHWAB & CO., INC.3+ years Service code 19 | Securities Custodian | $0 |
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,552 | $44,059-14.8% | $71,671-47.6% | $69,631-46.1% |
| Participation rate | 74.8% | 60.8%+14.1pp | 68.7%+6.1pp | 70.7%+4.2pp |
| Annual return | 14.18% | 21.97%-7.8pp | 20.65%-6.5pp | 27571.02%-27556.8pp |
| Employer contribution / active EE | $911 | $1,305-30.2% | $2,460-63.0% | $2,032-55.2% |
| Participant deferral / active EE | $1,920 | $2,370-19.0% | $3,438-44.1% | $3,224-40.4% |
| Admin fee / account holder | $123 | $108+14.1% | $5,558-97.8% | $110+11.3% |