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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.3 years Service code 15 · EIN 45-6062081 | Recordkeeping | $56,096 |
RAYMOND JAMES FINANCIAL SERVICES5+ years Filed as: RAYMOND JAMES FINANCIAL, INC. Service code 27 880 CARILLON PKWY · ST. PETERSBURG, FL 33716 | Advisory (Plan) | $42,841 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,936 | $66,601-31.0% | $92,903-50.6% | $67,579-32.0% |
| Participation rate | 97.0% | 72.5%+24.5pp | 76.0%+21.0pp | 71.3%+25.7pp |
| Annual return | 17.85% | 92.58%-74.7pp | 109.43%-91.6pp | 378.56%-360.7pp |
| Employer contribution / active EE | $2,221 | $2,775-20.0% | $3,653-39.2% | $2,148+3.4% |
| Participant deferral / active EE | $3,173 | $3,157+0.5% | $4,238-25.1% | $3,539-10.3% |
| Admin fee / account holder | $146 | $199-26.8% | $5,795-97.5% | $142+2.4% |