Filed October 2, 2014 (most recent of 4 filings on file)
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.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.4+ years Filed as: ALERUS FINANCIAL Service code 26 · EIN 45-0140105 | Advisory (Participants) | $484,940 |
MERCER4+ years Service code 11 · EIN 13-2834414 | Actuarial | $359,935 |
FREDRIKSON & BYRON4+ years Service code 29 · EIN 41-0971937 | Legal | $6,745 |
BRADY MARTZ & ASSOCIATES4+ years Filed as: BRADY MARTZ Service code 10 · EIN 45-0310328 | Accounting | $4,800 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $58,400,878-100.0% | $436,953-100.0% | $21,578,776-100.0% |
| Participation rate | 0.0% | 0.0%0pp | 44.2%-44.2pp | 0.0%0pp |
| Annual return | -3.49% | 9.64%-13.1pp | -102.04%+98.6pp | 33.37%-36.9pp |
| Employer contribution / active EE | $0 | $8,034-100.0% | $36,232-100.0% | $11,253-100.0% |
| Participant deferral / active EE | $0 | $572-100.0% | $47-100.0% | $819-100.0% |
| Admin fee / account holder | $0 | $292,663-100.0% | $12,721-100.0% | $99,113-100.0% |