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| Provider | Service type | Compensation |
|---|---|---|
MELD FINANCIAL, INC.4+ years Service code 26 · EIN 63-1149380 | Advisory (Participants) | $97,524 |
ALERUS FINANCIAL, N.A.1 year Service code 15 · EIN 45-6062081 | Recordkeeping | $2,486 |
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 | $36,553 | $37,196-1.7% | $154,108-76.3% | $55,725-34.4% |
| Participation rate | 91.3% | 64.1%+27.2pp | 83.0%+8.3pp | 70.9%+20.5pp |
| Annual return | -5.26% | 1319.68%-1324.9pp | 735.21%-740.5pp | 244.93%-250.2pp |
| Employer contribution / active EE | $2,338 | $1,614+44.8% | $5,298-55.9% | $2,078+12.5% |
| Participant deferral / active EE | $3,409 | $2,068+64.8% | $5,081-32.9% | $3,356+1.6% |
| Admin fee / account holder | $226 | $102+122.2% | $13,411-98.3% | $115+96.0% |