Filed September 29, 2006
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 Service code 15 · EIN 45-6062081 | Recordkeeping | $7,284 |
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 | $125,644 | $118,450+6.1% | $98,439+27.6% | $139,434-9.9% |
| Participation rate | 88.2% | 77.4%+10.8pp | 75.2%+13.1pp | 80.3%+7.9pp |
| Annual return | 17.08% | 18.94%-1.9pp | 21.16%-4.1pp | 372.94%-355.9pp |
| Employer contribution / active EE | $5,774 | $3,609+60.0% | $3,048+89.4% | $4,751+21.5% |
| Participant deferral / active EE | $10,168 | $5,392+88.6% | $4,738+114.6% | $6,710+51.5% |
| Admin fee / account holder | $119 | $14,026-99.1% | $8,948-98.7% | $11,403-99.0% |