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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.5 years Service code 15 · EIN 45-6062081 | Recordkeeping | $28,668 |
Filed as: INTELLICENTS INC Service code 26 · EIN 41-1471080 | Advisory (Participants) | $20,536 |
CHARLES SCHWAB & CO., INC.6+ years Service code 19 · EIN 94-1737782 | Securities Custodian | $5,155 |
CHARLES SCHWAB & CO., INC.6+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 | 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 | $44,795 | $51,288-12.7% | $81,988-45.4% | $73,412-39.0% |
| Participation rate | 76.5% | 64.0%+12.5pp | 69.3%+7.3pp | 72.2%+4.3pp |
| Annual return | 13.05% | 29.48%-16.4pp | 41.31%-28.3pp | 59.30%-46.2pp |
| Employer contribution / active EE | $807 | $1,487-45.7% | $2,498-67.7% | $2,234-63.9% |
| Participant deferral / active EE | $2,035 | $2,715-25.1% | $3,722-45.3% | $3,806-46.5% |
| Admin fee / account holder | $103 | $125-18.2% | $5,665-98.2% | $158-35.1% |