Filed May 14, 2014
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 COMPANY7+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $13,919 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,266 | $62,723-78.8% | $142,863-90.7% | $86,799-84.7% |
| Participation rate | 84.1% | 62.6%+21.6pp | 71.9%+12.2pp | 72.3%+11.8pp |
| Annual return | 16.16% | 17.62%-1.5pp | 5637.54%-5621.4pp | 97.91%-81.7pp |
| Employer contribution / active EE | $0 | $1,627-100.0% | $4,144-100.0% | $2,405-100.0% |
| Participant deferral / active EE | $2,531 | $3,039-16.7% | $3,837-34.0% | $4,131-38.7% |
| Admin fee / account holder | $26 | $140-81.4% | $6,560-99.6% | $170-84.7% |