Filed August 14, 2009
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.2 years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 15 · EIN 45-0140105 2300 S COLUMBIA RD · GRAND FORKS, ND 58211 | Recordkeeping | $13,025 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,907 | $45,602-34.4% | $117,472-74.5% | $66,914-55.3% |
| Participation rate | 82.4% | 57.6%+24.8pp | 70.6%+11.8pp | 69.8%+12.6pp |
| Annual return | -9.83% | -16.74%+6.9pp | 29.74%-39.6pp | 1.58%-11.4pp |
| Employer contribution / active EE | $662 | $1,579-58.1% | $4,176-84.1% | $2,544-74.0% |
| Participant deferral / active EE | $2,195 | $2,845-22.8% | $4,070-46.1% | $4,237-48.2% |
| Admin fee / account holder | $98 | $661-85.2% | $5,645-98.3% | $593-83.5% |