Filed September 25, 1991
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.3+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $140,504 |
PALLADIUM PARTNERS3+ years Filed as: PALLADIUM REGISTERED INVESTMENT ADV Service code 27 · EIN 26-0728851 | Advisory (Plan) | $45,852 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,359 | $46,966-67.3% | $185,117-91.7% | $69,631-77.9% |
| Participation rate | 85.9% | 65.3%+20.7pp | 77.3%+8.7pp | 70.7%+15.3pp |
| Annual return | 17.27% | 22.36%-5.1pp | 40.50%-23.2pp | 27571.02%-27553.8pp |
| Employer contribution / active EE | $1,136 | $1,360-16.5% | $4,182-72.8% | $2,032-44.1% |
| Participant deferral / active EE | $2,776 | $3,017-8.0% | $5,045-45.0% | $3,224-13.9% |
| Admin fee / account holder | $165 | $94+76.2% | $8,159-98.0% | $110+49.7% |