Filed June 8, 2009
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.8+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $10,501 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $91,392 | $46,292+97.4% | $143,757-36.4% | $64,808+41.0% |
| Participation rate | 82.0% | 64.2%+17.8pp | 80.3%+1.7pp | 71.5%+10.5pp |
| Annual return | -19.93% | -10.05%-9.9pp | -0.04%-19.9pp | 32.82%-52.7pp |
| Employer contribution / active EE | $1,592 | $1,910-16.6% | $4,951-67.8% | $2,506-36.5% |
| Participant deferral / active EE | $4,094 | $2,646+54.7% | $5,637-27.4% | $4,310-5.0% |
| Admin fee / account holder | $17 | $154-88.6% | $14,673-99.9% | $188-90.7% |