Filed March 1, 2002
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 |
|---|---|---|
ALERUS FINANCIAL, N.A.1+ years Filed as: ALERUS FINANCIAL Service code 27 · EIN 45-0140105 | Advisory (Plan) | $30,000 |
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 | $179,005 | $51,769+245.8% | $57,343+212.2% | $52,331+242.1% |
| Participation rate | 99.4% | 75.2%+24.1pp | 75.1%+24.3pp | 68.1%+31.3pp |
| Annual return | 1.91% | 2.43%-0.5pp | 24.39%-22.5pp | 4.54%-2.6pp |
| Employer contribution / active EE | $5,422 | $2,335+132.2% | $2,689+101.7% | $1,882+188.2% |
| Participant deferral / active EE | $7,430 | $2,794+165.9% | $3,162+134.9% | $3,022+145.8% |
| Admin fee / account holder | $96 | $295-67.5% | $3,356-97.1% | $592-83.8% |