Filed April 2, 2004
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.
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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.10+ years Filed as: ALERUS FINANCIAL Service code 15 · EIN 45-6062081 | Recordkeeping | $111,393 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 63 | 12b-1 Fees | $69,195 |
COASTAL PENSION SERVICES5 years Filed as: COASTAL PENSION SERVICES, INC. Service code 13 7230 LEE DEFOREST DRIVE · COLUMBIA, MD 21046 | Contract Administrator | $20,890 |
ELLIOTT DAVIS, LLC1 year Filed as: ELLIOTT DAVIS Service code 10 · EIN 57-0381582 | Accounting | $19,500 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,665 | $106,264-26.9% | $147,117-47.2% | $77,762-0.1% |
| Participation rate | 95.1% | 78.4%+16.6pp | 82.2%+12.9pp | 70.6%+24.5pp |
| Annual return | 13.35% | 56.94%-43.6pp | 420.54%-407.2pp | 31.27%-17.9pp |
| Employer contribution / active EE | $7,742 | $4,074+90.0% | $4,932+57.0% | $2,728+183.8% |
| Participant deferral / active EE | $4,262 | $8,003-46.7% | $8,065-47.2% | $4,651-8.4% |
| Admin fee / account holder | $134 | $334-59.9% | $12,993-99.0% | $433-69.1% |