See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $9,568 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,623 | $73,638-46.2% | $95,952-58.7% | $73,488-46.1% |
| Participation rate | 47.1% | 76.2%-29.0pp | 77.1%-30.0pp | 70.7%-23.6pp |
| Annual return | 11.25% | 16.78%-5.5pp | 91.61%-80.4pp | 28.51%-17.3pp |
| Employer contribution / active EE | $765 | $1,863-58.9% | $2,541-69.9% | $2,270-66.3% |
| Participant deferral / active EE | $2,061 | $3,617-43.0% | $4,167-50.5% | $3,740-44.9% |
| Admin fee / account holder | $24 | $482-95.0% | $6,795-99.6% | $513-95.3% |