Filed April 16, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.4+ years Filed as: ALERUS FINANCIAL Service code 21 · EIN 45-0140105 PO BOX 64533 · ST. PAUL, MN 551640533 | Bank Trustee | $98,956 |
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 | $38,797 | $37,196+4.3% | $154,108-74.8% | $55,725-30.4% |
| Participation rate | 99.3% | 64.1%+35.2pp | 83.0%+16.3pp | 70.9%+28.4pp |
| Annual return | -4.84% | 1319.68%-1324.5pp | 735.21%-740.0pp | 244.93%-249.8pp |
| Employer contribution / active EE | $2,200 | $1,614+36.3% | $5,298-58.5% | $2,078+5.8% |
| Participant deferral / active EE | $2,140 | $2,068+3.5% | $5,081-57.9% | $3,356-36.2% |
| Admin fee / account holder | $193 | $102+89.5% | $13,411-98.6% | $115+67.1% |