Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.2 years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 15 · EIN 45-0140105 2300 SOUTH COLUMBIA ROAD · GRAND FORKS, ND 58201 | Recordkeeping | $5,978 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,109 | $102,422-39.4% | $147,117-57.8% | $80,959-23.3% |
| Participation rate | 81.7% | 75.9%+5.8pp | 82.2%-0.5pp | 67.7%+14.1pp |
| Annual return | 16.36% | 135.16%-118.8pp | 420.54%-404.2pp | 35.67%-19.3pp |
| Employer contribution / active EE | $5,053 | $3,717+35.9% | $4,932+2.4% | $2,757+83.3% |
| Participant deferral / active EE | $12,210 | $6,652+83.6% | $8,065+51.4% | $4,300+183.9% |
| Admin fee / account holder | $37 | $7,953-99.5% | $12,993-99.7% | $6,925-99.5% |