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| Provider | Service type | Compensation |
|---|---|---|
Filed as: NORTH SHORE BANK Service code 27 131 W SUPERIOR ST · DULUTH, MN 55802 | Advisory (Plan) | $351 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $36,867 | $69,383-46.9% | $101,275-63.6% | $73,497-49.8% |
| Participation rate | 30.0% | 68.4%-38.4pp | 75.8%-45.8pp | 70.7%-40.7pp |
| Annual return | 32.71% | 18.46%+14.3pp | 46.48%-13.8pp | 28.51%+4.2pp |
| Employer contribution / active EE | $1,579 | $2,628-39.9% | $3,660-56.9% | $2,270-30.5% |
| Participant deferral / active EE | $1,802 | $3,301-45.4% | $4,371-58.8% | $3,740-51.8% |
| Admin fee / account holder | $9 | $704-98.7% | $5,948-99.8% | $513-98.2% |