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| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.2+ years Service code 15 · EIN 45-6062081 | Recordkeeping | $22,105 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 42-1558009 | Securities Custodian | $9,076 |
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 | $161,502 | $73,102+120.9% | $123,552+30.7% | $56,287+186.9% |
| Participation rate | 86.5% | 74.3%+12.2pp | 82.3%+4.2pp | 69.9%+16.7pp |
| Annual return | 51.32% | 3.01%+48.3pp | 119.20%-67.9pp | -9.96%+61.3pp |
| Employer contribution / active EE | $4,116 | $2,977+38.3% | $4,628-11.1% | $2,111+95.0% |
| Participant deferral / active EE | $8,292 | $5,423+52.9% | $6,426+29.0% | $3,350+147.5% |
| Admin fee / account holder | $100 | $554-81.9% | $9,285-98.9% | $521-80.8% |