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 | $102,382-39.3% | $147,005-57.8% | $80,874-23.2% |
| Participation rate | 81.7% | 75.8%+5.9pp | 82.2%-0.4pp | 67.6%+14.1pp |
| Annual return | 16.36% | 134.89%-118.5pp | 418.76%-402.4pp | 35.62%-19.3pp |
| Employer contribution / active EE | $5,053 | $3,715+36.0% | $4,934+2.4% | $2,756+83.4% |
| Participant deferral / active EE | $12,210 | $6,646+83.7% | $8,070+51.3% | $4,297+184.2% |
| Admin fee / account holder | $37 | $7,942-99.5% | $13,006-99.7% | $6,935-99.5% |