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 COMPANY4+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $4,213 |
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 | $18,451 | $37,196-50.4% | $154,107-88.0% | $55,725-66.9% |
| Participation rate | 32.1% | 64.1%-32.0pp | 83.0%-51.0pp | 70.9%-38.8pp |
| Annual return | -4.88% | 1319.68%-1324.6pp | 735.12%-740.0pp | 244.93%-249.8pp |
| Employer contribution / active EE | $113 | $1,614-93.0% | $5,298-97.9% | $2,078-94.6% |
| Participant deferral / active EE | $1,233 | $2,068-40.4% | $5,081-75.7% | $3,356-63.2% |
| Admin fee / account holder | $23 | $102-77.6% | $13,411-99.8% | $115-80.2% |