Filed April 26, 2001
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.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $128,064 |
ALERUS FINANCIAL, N.A.2 years Filed as: ALERUS INVESTMENT ADVISORS, INC. Service code 26 · EIN 42-1378382 | Advisory (Participants) | $8,619 |
Employer contribution per participant 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 | $71,868 | $96,486-25.5% | $153,432-53.2% | $77,671-7.5% |
| Participation rate | 81.1% | 81.6%-0.6pp | 77.1%+4.0pp | 70.6%+10.5pp |
| Annual return | 12.61% | 14.44%-1.8pp | 15.66%-3.0pp | 31.21%-18.6pp |
| Employer contribution / active EE | $446 | $5,224-91.5% | $5,038-91.1% | $2,726-83.6% |
| Participant deferral / active EE | $3,798 | $6,609-42.5% | $6,757-43.8% | $4,648-18.3% |
| Admin fee / account holder | $164 | $182-10.0% | $12,725-98.7% | $430-61.8% |