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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $116,453 |
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 | $51,653 | $72,448-28.7% | $118,746-56.5% | $69,631-25.8% |
| Participation rate | 87.0% | 79.7%+7.4pp | 78.3%+8.8pp | 70.7%+16.4pp |
| Annual return | 15.12% | 19.06%-3.9pp | 24.54%-9.4pp | 27571.02%-27555.9pp |
| Employer contribution / active EE | $508 | $3,771-86.5% | $4,193-87.9% | $2,032-75.0% |
| Participant deferral / active EE | $3,293 | $4,943-33.4% | $5,332-38.3% | $3,224+2.1% |
| Admin fee / account holder | $149 | $99+50.9% | $10,720-98.6% | $110+35.0% |