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 COMPANY2+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $6,434 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $19,838 | $36,916-46.3% | $156,549-87.3% | $57,658-65.6% |
| Participation rate | 64.6% | 63.4%+1.1pp | 84.0%-19.5pp | 70.2%-5.7pp |
| Annual return | 8.89% | 12.38%-3.5pp | 32.23%-23.3pp | 5.13%+3.8pp |
| Employer contribution / active EE | $1,011 | $1,571-35.6% | $5,501-81.6% | $1,974-48.8% |
| Participant deferral / active EE | $1,826 | $1,926-5.2% | $4,871-62.5% | $3,061-40.3% |
| Admin fee / account holder | $26 | $82-68.3% | $13,027-99.8% | $95-72.3% |