Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
MARINER LLC4 years Filed as: MARINER, LLC Service code 27 · EIN 20-4553256 | Advisory (Plan) | $30,003 |
ALERUS FINANCIAL, N.A.10+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $17,178 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $145,136 | $95,904+51.3% | $173,730-16.5% | $64,340+125.6% |
| Participation rate | 63.0% | 60.6%+2.4pp | 79.6%-16.5pp | 55.2%+7.8pp |
| Annual return | 11.09% | 17.47%-6.4pp | 19.96%-8.9pp | 24.14%-13.1pp |
| Employer contribution / active EE | $844 | $2,323-63.7% | $4,577-81.6% | $1,862-54.7% |
| Participant deferral / active EE | $4,509 | $3,488+29.3% | $6,326-28.7% | $2,980+51.3% |
| Admin fee / account holder | $390 | $5,089-92.3% | $17,523-97.8% | $3,703-89.5% |