Filed January 19, 2006 (most recent of 3 filings on file)
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.9+ years Filed as: ALERUS FINANCIAL Service code 15 · EIN 45-6062081 | Recordkeeping | $119,601 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,685 | $47,126-54.0% | $149,673-85.5% | $74,419-70.9% |
| Participation rate | 85.6% | 63.4%+22.2pp | 78.8%+6.9pp | 70.7%+14.9pp |
| Annual return | 13.26% | 22.75%-9.5pp | 134.42%-121.2pp | 34.38%-21.1pp |
| Employer contribution / active EE | $468 | $1,905-75.4% | $4,818-90.3% | $2,637-82.2% |
| Participant deferral / active EE | $2,319 | $2,728-15.0% | $5,680-59.2% | $4,528-48.8% |
| Admin fee / account holder | $80 | $343-76.8% | $13,210-99.4% | $348-77.1% |