Filed April 16, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.1+ years Filed as: ALERUS FINANCIAL Service code 21 · EIN 45-0140105 PO BOX 64533 · ST. PAUL, MN 551640533 | Bank Trustee | $55,578 |
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 | $34,564 | $37,117-6.9% | $147,617-76.6% | $55,191-37.4% |
| Participation rate | 100.0% | 63.6%+36.4pp | 84.6%+15.4pp | 69.2%+30.8pp |
| Annual return | -0.17% | 3.44%-3.6pp | 61.98%-62.2pp | 10.78%-11.0pp |
| Employer contribution / active EE | $2,107 | $1,620+30.0% | $5,564-62.1% | $1,899+11.0% |
| Participant deferral / active EE | $2,002 | $1,985+0.8% | $4,895-59.1% | $3,046-34.3% |
| Admin fee / account holder | $119 | $86+38.8% | $11,612-99.0% | $91+30.8% |