Filed October 4, 2006
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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.2 years Filed as: ALERUS FINANICAL, N.A. Service code 15 · EIN 45-6062081 | Recordkeeping | $13,500 |
UNITED BENEFITS GROUP1 year Service code 14 · EIN 01-0689331 | Plan Administrator | $5,390 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,254 | $59,328-43.9% | $118,925-72.0% | $73,488-54.7% |
| Participation rate | 77.4% | 62.3%+15.1pp | 75.4%+2.0pp | 70.7%+6.7pp |
| Annual return | 16.71% | 19.13%-2.4pp | 35.88%-19.2pp | 28.51%-11.8pp |
| Employer contribution / active EE | $508 | $1,803-71.8% | $3,263-84.4% | $2,270-77.6% |
| Participant deferral / active EE | $2,430 | $2,604-6.7% | $4,265-43.0% | $3,740-35.0% |
| Admin fee / account holder | $102 | $600-83.1% | $6,581-98.5% | $513-80.2% |