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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.7 years Service code 15 · EIN 45-6062081 | Recordkeeping | $108,146 |
NICOLET NATIONAL BANK6 years Service code 26 · EIN 39-1990426 | Advisory (Participants) | $84,131 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,483 | $66,486-52.6% | $81,370-61.3% | $77,762-59.5% |
| Participation rate | 97.7% | 68.7%+29.0pp | 69.5%+28.1pp | 70.6%+27.1pp |
| Annual return | 16.84% | 15.95%+0.9pp | 24.85%-8.0pp | 31.27%-14.4pp |
| Employer contribution / active EE | $2,908 | $2,158+34.8% | $2,464+18.0% | $2,728+6.6% |
| Participant deferral / active EE | $5,012 | $3,677+36.3% | $3,885+29.0% | $4,651+7.8% |
| Admin fee / account holder | $227 | $586-61.3% | $5,749-96.1% | $433-47.6% |