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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $28,234 |
Filed as: INTELLICENTS INC Service code 26 · EIN 41-1471080 | Advisory (Participants) | $18,805 |
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 | Securities Custodian | $4,670 |
CHARLES SCHWAB & CO., INC.4+ years Service code 19 · EIN 94-1737782 | 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 | $35,924 | $41,467-13.4% | $67,313-46.6% | $55,725-35.5% |
| Participation rate | 72.5% | 62.5%+10.0pp | 69.1%+3.4pp | 70.9%+1.6pp |
| Annual return | -4.34% | 0.82%-5.2pp | -4.08%-0.3pp | 244.93%-249.3pp |
| Employer contribution / active EE | $1,019 | $1,316-22.6% | $2,566-60.3% | $2,078-50.9% |
| Participant deferral / active EE | $1,875 | $2,399-21.9% | $3,568-47.5% | $3,356-44.1% |
| Admin fee / account holder | $107 | $102+4.5% | $4,507-97.6% | $115-7.4% |