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| Provider | Service type | Compensation |
|---|---|---|
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 15 5707 SOUTHWEST PARKWAY · AUSTIN, TX 78735 | Recordkeeping | $34,215 |
ALERUS FINANCIAL, N.A.2 years Filed as: ALERUS FINANCIAL Service code 15 TWO PINE TREE DRIVE, SUITE 310 · ARDEN HILLS, MN 55112 | Recordkeeping | $6,728 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,210 | $91,439-1.3% | $135,974-33.7% | $71,511+26.1% |
| Participation rate | 72.2% | 75.7%-3.5pp | 81.9%-9.8pp | 67.9%+4.2pp |
| Annual return | 19.17% | 29.90%-10.7pp | 68.30%-49.1pp | 28.86%-9.7pp |
| Employer contribution / active EE | $2,716 | $3,705-26.7% | $4,859-44.1% | $2,589+4.9% |
| Participant deferral / active EE | $6,122 | $7,093-13.7% | $7,760-21.1% | $4,291+42.7% |
| Admin fee / account holder | $291 | $1,267-77.0% | $10,767-97.3% | $1,588-81.7% |