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 |
|---|---|---|
MERCER9+ years Service code 11 · EIN 13-2834414 | Actuarial | $355,459 |
ALERUS FINANCIAL, N.A.9+ years Filed as: ALERUS FINANCIAL Service code 26 · EIN 45-0140105 | Advisory (Participants) | $69,653 |
CITIBANK1 year Service code 28 · EIN 13-5266470 | Investment Management | $40,650 |
US BANK5 years Filed as: US BANCORP ASSET MGMT INC Service code 19 · EIN 41-2003732 | Securities Custodian | $37,934 |
BRADY MARTZ & ASSOCIATES9+ years Filed as: BRADY MARTZ Service code 10 · EIN 45-0310328 | Accounting | $16,860 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $13,363-100.0% | $247,553-100.0% | $13,363-100.0% |
| Participation rate | 0.0% | 11.1%-11.1pp | 50.4%-50.4pp | 2.2%-2.2pp |
| Annual return | 10.43% | 9.71%+0.7pp | 32.33%-21.9pp | 9.11%+1.3pp |
| Employer contribution / active EE | $0 | $7,317-100.0% | $33,964-100.0% | $12,231-100.0% |
| Participant deferral / active EE | $0 | $946-100.0% | $43-100.0% | $1,272-100.0% |
| Admin fee / account holder | $0 | $125-100.0% | $10,141-100.0% | $125-100.0% |