Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
FINANCIAL STRATEGIES GROUP1+ years Service code 28 · EIN 37-1456006 | Investment Management | $45,207 |
ALERUS FINANCIAL, N.A.1+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $9,945 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,768 | $39,245-1.2% | $64,105-39.5% | $52,331-25.9% |
| Participation rate | 57.6% | 58.2%-0.6pp | 68.2%-10.6pp | 68.1%-10.5pp |
| Annual return | -3.10% | 14.79%-17.9pp | 791.24%-794.3pp | 4.54%-7.6pp |
| Employer contribution / active EE | $554 | $736-24.7% | $1,820-69.5% | $1,882-70.5% |
| Participant deferral / active EE | $2,163 | $1,992+8.6% | $2,822-23.3% | $3,022-28.4% |
| Admin fee / account holder | $428 | $592-27.8% | $4,499-90.5% | $592-27.7% |