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 COMPANY5+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $12,006 |
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 | $26,023 | $62,928-58.6% | $172,739-84.9% | $67,579-61.5% |
| Participation rate | 65.9% | 64.5%+1.4pp | 82.6%-16.7pp | 71.3%-5.4pp |
| Annual return | 23.24% | 30.36%-7.1pp | 802.84%-779.6pp | 378.56%-355.3pp |
| Employer contribution / active EE | $1,062 | $1,636-35.1% | $5,143-79.4% | $2,148-50.6% |
| Participant deferral / active EE | $2,029 | $2,145-5.4% | $5,198-61.0% | $3,539-42.7% |
| Admin fee / account holder | $34 | $167-79.4% | $13,954-99.8% | $142-75.9% |