Filed April 18, 2017 (most recent of 2 filings on file)
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.2 years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 15 · EIN 45-0140105 2300 S COLUMBIA ROAD · GRAND FORKS, ND 58201 | Recordkeeping | $24,589 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,185 | $27,839+40.8% | $58,482-33.0% | $71,457-45.2% |
| Participation rate | 90.0% | 34.5%+55.5pp | 50.9%+39.1pp | 67.9%+22.1pp |
| Annual return | 20.21% | 26.81%-6.6pp | 4239.32%-4219.1pp | 28.85%-8.6pp |
| Employer contribution / active EE | $1,626 | $631+157.8% | $1,053+54.4% | $2,588-37.2% |
| Participant deferral / active EE | $3,434 | $1,206+184.6% | $1,924+78.5% | $4,289-19.9% |
| Admin fee / account holder | $124 | $1,641-92.4% | $2,516-95.1% | $1,587-92.2% |