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.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $111,857 |
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 | $43,635 | $66,750-34.6% | $105,722-58.7% | $57,658-24.3% |
| Participation rate | 86.4% | 79.2%+7.3pp | 78.9%+7.5pp | 70.2%+16.2pp |
| Annual return | 13.01% | 10.99%+2.0pp | 12.25%+0.8pp | 5.13%+7.9pp |
| Employer contribution / active EE | $469 | $3,766-87.5% | $4,079-88.5% | $1,974-76.2% |
| Participant deferral / active EE | $2,845 | $4,933-42.3% | $5,326-46.6% | $3,061-7.1% |
| Admin fee / account holder | $144 | $88+63.4% | $8,308-98.3% | $95+51.8% |