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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.1+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $16,390 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 42-1558009 | Securities Custodian | $4,345 |
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 | $140,061 | $80,753+73.4% | $136,298+2.8% | $62,293+124.8% |
| Participation rate | 84.9% | 73.5%+11.4pp | 81.9%+3.0pp | 69.5%+15.4pp |
| Annual return | 0.00% | 35.83%-35.8pp | 5156.27%-5156.3pp | 28.90%-28.9pp |
| Employer contribution / active EE | $4,492 | $2,884+55.8% | $4,696-4.3% | $2,042+119.9% |
| Participant deferral / active EE | $8,605 | $5,164+66.6% | $6,247+37.7% | $3,169+171.5% |
| Admin fee / account holder | $92 | $525-82.6% | $9,244-99.0% | $479-80.9% |