Filed November 9, 2005
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
AKT LLP1+ years Filed as: AKT WEALTH ADVISORS Service code 28 · EIN 93-1244319 | Investment Management | $58,414 |
ALERUS FINANCIAL, N.A.1+ years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 60 TWO PINE TREE DRIVE, SUITE 400 · ARDEN HILLS, MN 55112 | Sub-TA Fees | $46,413 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,009 | $70,002-20.0% | $115,037-51.3% | $52,331+7.0% |
| Participation rate | 78.7% | 72.1%+6.6pp | 81.4%-2.7pp | 68.1%+10.6pp |
| Annual return | -0.77% | 4.04%-4.8pp | 26.14%-26.9pp | 4.54%-5.3pp |
| Employer contribution / active EE | $0 | $2,715-100.0% | $4,608-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $4,715 | $4,920-4.2% | $6,026-21.8% | $3,022+56.0% |
| Admin fee / account holder | $368 | $566-35.0% | $8,175-95.5% | $592-37.8% |