Filed September 20, 2006 (most recent of 2 filings on file)
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.1 year Filed as: ALERUS FINANCIAL CORPORATION Service code 51 · EIN 41-1905554 51 BROADWAY, SUITE 150 · FARGO, ND 58102 | Investment Mgmt Fees | $5,665 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $246,995 | $78,672+214.0% | $109,143+126.3% | $85,850+187.7% |
| Participation rate | 48.1% | 68.3%-20.1pp | 75.9%-27.7pp | 69.3%-21.2pp |
| Annual return | 15.27% | 25.09%-9.8pp | 25.75%-10.5pp | 318.53%-303.3pp |
| Employer contribution / active EE | $709 | $2,735-74.1% | $3,722-81.0% | $2,565-72.4% |
| Participant deferral / active EE | $3,670 | $3,467+5.9% | $4,653-21.1% | $3,952-7.1% |
| Admin fee / account holder | $157 | $5,469-97.1% | $6,752-97.7% | $6,260-97.5% |