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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.4 years Service code 15 · EIN 45-6062081 | Recordkeeping | $72,692 |
RAYMOND JAMES FINANCIAL SERVICES6+ years Filed as: RAYMOND JAMES FINANCIAL, INC. Service code 27 880 CARILLON PKWY · ST. PETERSBURG, FL 33716 | Advisory (Plan) | $39,654 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,635 | $91,517-44.7% | $101,271-50.0% | $73,412-31.0% |
| Participation rate | 97.8% | 73.8%+24.0pp | 75.8%+22.0pp | 72.2%+25.7pp |
| Annual return | 13.95% | 17.17%-3.2pp | 46.48%-32.5pp | 59.30%-45.3pp |
| Employer contribution / active EE | $2,636 | $2,877-8.4% | $3,660-28.0% | $2,234+18.0% |
| Participant deferral / active EE | $3,152 | $3,338-5.6% | $4,371-27.9% | $3,806-17.2% |
| Admin fee / account holder | $157 | $216-27.1% | $5,948-97.4% | $158-0.4% |