Filed November 3, 2013
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.4+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $34,921 |
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $262,497 | $92,897+182.6% | $90,782+189.2% | $56,287+366.4% |
| Participation rate | 100.0% | 80.7%+19.3pp | 82.7%+17.3pp | 69.9%+30.1pp |
| Annual return | -3.08% | -2.59%-0.5pp | -3.42%+0.3pp | -9.96%+6.9pp |
| Employer contribution / active EE | $6,208 | $3,871+60.4% | $4,105+51.2% | $2,111+194.1% |
| Participant deferral / active EE | $9,463 | $5,551+70.5% | $5,366+76.4% | $3,350+182.5% |
| Admin fee / account holder | $286 | $440-35.0% | $5,908-95.2% | $521-45.1% |