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.1+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $89,999 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $33,991 | $65,263-47.9% | $90,223-62.3% | $55,191-38.4% |
| Participation rate | 85.9% | 79.0%+6.9pp | 79.0%+6.8pp | 69.2%+16.7pp |
| Annual return | -0.82% | 2.81%-3.6pp | 1.31%-2.1pp | 10.78%-11.6pp |
| Employer contribution / active EE | $502 | $4,153-87.9% | $4,378-88.5% | $1,899-73.6% |
| Participant deferral / active EE | $3,034 | $5,564-45.5% | $5,792-47.6% | $3,046-0.4% |
| Admin fee / account holder | $99 | $116-14.8% | $7,406-98.7% | $91+8.9% |