Filed April 16, 2020 (most recent of 2 filings on file)
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 Filed as: ALERUS FINANCIAL Service code 21 · EIN 45-0140105 PO BOX 64533 · ST. PAUL, MN 551640533 | Bank Trustee | $79,546 |
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 | $44,759 | $46,173-3.1% | $170,442-73.7% | $69,631-35.7% |
| Participation rate | 98.3% | 63.9%+34.4pp | 83.6%+14.7pp | 70.7%+27.6pp |
| Annual return | 16.03% | 21.62%-5.6pp | 205.93%-189.9pp | 27571.02%-27555.0pp |
| Employer contribution / active EE | $2,061 | $1,610+28.0% | $5,433-62.1% | $2,032+1.4% |
| Participant deferral / active EE | $2,018 | $2,080-3.0% | $4,939-59.1% | $3,224-37.4% |
| Admin fee / account holder | $164 | $116+41.1% | $13,880-98.8% | $110+48.2% |