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 9-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 |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $4,270 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $22,370 | $42,810-47.7% | $169,463-86.8% | $55,725-59.9% |
| Participation rate | 24.8% | 64.7%-40.0pp | 77.8%-53.0pp | 70.9%-46.1pp |
| Annual return | 2.62% | -3.61%+6.2pp | 1.83%+0.8pp | 244.93%-242.3pp |
| Employer contribution / active EE | $0 | $1,402-100.0% | $4,159-100.0% | $2,078-100.0% |
| Participant deferral / active EE | $2,110 | $3,141-32.8% | $5,277-60.0% | $3,356-37.1% |
| Admin fee / account holder | $39 | $106-63.2% | $9,109-99.6% | $115-66.0% |