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| Provider | Service type | Compensation |
|---|---|---|
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 15 5707 SOUTHWEST PARKWAY · AUSTIN, TX 78735 | Recordkeeping | $41,576 |
ALERUS FINANCIAL, N.A.3 years Filed as: ALERUS FINANCIAL Service code 15 TWO PINE TREE DRIVE, SUITE 310 · ARDEN HILLS, MN 55112 | Recordkeeping | $7,572 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $106,563 | $101,672+4.8% | $147,117-27.6% | $74,478+43.1% |
| Participation rate | 74.1% | 75.5%-1.4pp | 82.2%-8.1pp | 67.2%+6.9pp |
| Annual return | 13.39% | 8757.83%-8744.4pp | 420.54%-407.1pp | 1370.56%-1357.2pp |
| Employer contribution / active EE | $3,173 | $3,813-16.8% | $4,932-35.7% | $2,626+20.8% |
| Participant deferral / active EE | $6,743 | $7,305-7.7% | $8,065-16.4% | $4,350+55.0% |
| Admin fee / account holder | $365 | $1,753-79.2% | $12,993-97.2% | $1,946-81.2% |