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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $2,272 |
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $260,329 | $64,176+305.6% | $112,263+131.9% | $66,949+288.8% |
| Participation rate | 95.5% | 68.4%+27.0pp | 75.1%+20.4pp | 69.8%+25.6pp |
| Annual return | -16.34% | -13.80%-2.5pp | 27.49%-43.8pp | 1.57%-17.9pp |
| Employer contribution / active EE | $17,226 | $3,007+472.9% | $3,636+373.7% | $2,545+576.8% |
| Participant deferral / active EE | $14,835 | $3,694+301.6% | $4,729+213.7% | $4,239+249.9% |
| Admin fee / account holder | $13 | $626-97.9% | $6,410-99.8% | $594-97.8% |