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 |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $3,759 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $18,910 | $46,173-59.0% | $170,442-88.9% | $69,631-72.8% |
| Participation rate | 37.5% | 63.9%-26.4pp | 83.6%-46.1pp | 70.7%-33.2pp |
| Annual return | 13.67% | 21.62%-7.9pp | 205.93%-192.3pp | 27571.02%-27557.3pp |
| Employer contribution / active EE | $117 | $1,610-92.7% | $5,433-97.9% | $2,032-94.3% |
| Participant deferral / active EE | $1,232 | $2,080-40.8% | $4,939-75.1% | $3,224-61.8% |
| Admin fee / account holder | $22 | $116-81.3% | $13,880-99.8% | $110-80.3% |