Filed December 13, 2021 (most recent of 14 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL Service code 15 · EIN 42-0127290 | Recordkeeping | $125,472 |
ALERUS FINANCIAL, N.A.1 year Filed as: ALERUS FINANCIAL Service code 25 · EIN 45-0375407 | Directed Trustee | $120,877 |
GRANT THORNTON LLP6+ years Filed as: GRANT THORNTON Service code 10 · EIN 33-6055558 | Accounting | $14,000 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $248,826 | $91,746+171.2% | $146,649+69.7% | $93,010+167.5% |
| Participation rate | 99.5% | 80.9%+18.5pp | 80.1%+19.4pp | 73.9%+25.6pp |
| Annual return | 27.65% | 18.28%+9.4pp | 22.75%+4.9pp | 158.70%-131.1pp |
| Employer contribution / active EE | $11,096 | $2,815+294.2% | $4,137+168.2% | $2,705+310.1% |
| Participant deferral / active EE | $0 | $4,589-100.0% | $5,506-100.0% | $4,561-100.0% |
| Admin fee / account holder | $101 | $101-0.1% | $10,281-99.0% | $152-33.4% |