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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 | $66,459-52.6% | $81,286-61.3% | $77,714-59.5% |
| Participation rate | 97.7% | 68.7%+29.0pp | 69.5%+28.2pp | 70.6%+27.1pp |
| Annual return | 16.84% | 15.95%+0.9pp | 24.80%-8.0pp | 31.26%-14.4pp |
| Employer contribution / active EE | $2,908 | $2,156+34.9% | $2,463+18.1% | $2,727+6.6% |
| Participant deferral / active EE | $5,012 | $3,674+36.4% | $3,883+29.1% | $4,649+7.8% |
| Admin fee / account holder | $227 | $585-61.2% | $5,764-96.1% | $433-47.7% |