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.11+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $32,929 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $319,247 | $142,424+124.2% | $100,534+217.5% | $74,304+329.6% |
| Participation rate | 97.2% | 79.6%+17.6pp | 80.6%+16.6pp | 60.3%+36.8pp |
| Annual return | 11.99% | 27.53%-15.5pp | 32.66%-20.7pp | 29.43%-17.4pp |
| Employer contribution / active EE | $7,563 | $5,555+36.2% | $4,346+74.0% | $2,241+237.5% |
| Participant deferral / active EE | $12,638 | $8,247+53.2% | $6,144+105.7% | $3,767+235.5% |
| Admin fee / account holder | $242 | $1,986-87.8% | $7,654-96.8% | $2,969-91.8% |