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| Provider | Service type | Compensation |
|---|---|---|
Filed as: KENSTRA ADVISORY SERVICES LLC Service code 27 5707 SWST PRKWY · AUSTIN, TX 78735 | Advisory (Plan) | $14,622 |
Filed as: RETIREMENT PLANNING SERVICES Service code 13 · EIN 84-1096179 PO BOX 64535 · ST. PAUL, MN 55164 | Contract Administrator | $4,082 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, MN 80111 | Recordkeeping Fees | $2,889 |
ALERUS FINANCIAL, N.A.1 year Filed as: ALERUS FINANCIAL NA Service code 13 PO BOX 6001 · GRAND FORKS, ND 58201 | Contract Administrator | $95 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $142,932 | $65,125+119.5% | $143,797-0.6% | $66,949+113.5% |
| Participation rate | 81.7% | 65.2%+16.5pp | 80.3%+1.4pp | 69.8%+11.9pp |
| Annual return | 184.87% | -11.13%+196.0pp | -0.04%+184.9pp | 1.57%+183.3pp |
| Employer contribution / active EE | $2,973 | $2,362+25.9% | $4,952-40.0% | $2,545+16.8% |
| Participant deferral / active EE | $5,403 | $2,920+85.0% | $5,638-4.2% | $4,239+27.5% |
| Admin fee / account holder | $317 | $503-37.0% | $14,679-97.8% | $594-46.6% |