Filed August 23, 2013
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.
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| Provider | Service type | Compensation |
|---|---|---|
BREMER BANK NATIONAL ASSOCIATION1+ years Filed as: BREMER TRUST, N.A. Service code 21 P.O. BOX 986 · ST. CLOUD, MN 563020986 | Bank Trustee | $5,314 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $17,757 | $36,916-51.9% | $156,551-88.7% | $57,658-69.2% |
| Participation rate | 47.3% | 63.4%-16.2pp | 84.0%-36.7pp | 70.2%-23.0pp |
| Annual return | 9.38% | 12.38%-3.0pp | 32.23%-22.8pp | 5.13%+4.3pp |
| Employer contribution / active EE | $253 | $1,571-83.9% | $5,501-95.4% | $1,974-87.2% |
| Participant deferral / active EE | $955 | $1,926-50.4% | $4,871-80.4% | $3,061-68.8% |
| Admin fee / account holder | $0 | $82-100.0% | $13,028-100.0% | $95-100.0% |