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 LLP2+ years Filed as: AKT WEALTH ADVISORS Service code 28 · EIN 93-1244319 | Investment Management | $47,161 |
ALERUS FINANCIAL, N.A.2+ years Filed as: ALERUS RETIREMENT SOLUTIONS Service code 60 TWO PINE TREE DRIVE, SUITE 400 · ARDEN HILLS, MN 55112 | Sub-TA Fees | $17,961 |
Service code 64 · EIN 84-0467907 | Recordkeeping Fees | $11,338 |
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 | $59,402 | $75,183-21.0% | $123,892-52.1% | $55,167+7.7% |
| Participation rate | 82.9% | 72.8%+10.0pp | 81.4%+1.5pp | 69.0%+13.9pp |
| Annual return | 6.90% | 19.01%-12.1pp | 47.52%-40.6pp | 169.23%-162.3pp |
| Employer contribution / active EE | $806 | $2,823-71.5% | $4,617-82.6% | $1,963-59.0% |
| Participant deferral / active EE | $5,620 | $5,084+10.5% | $5,984-6.1% | $3,054+84.0% |
| Admin fee / account holder | $351 | $663-47.1% | $8,357-95.8% | $504-30.4% |