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 | $3,177 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $24,746 | $55,449-55.4% | $83,848-70.5% | $56,287-56.0% |
| Participation rate | 53.5% | 68.0%-14.5pp | 76.1%-22.6pp | 69.9%-16.3pp |
| Annual return | -3.22% | -1.38%-1.8pp | 850.88%-854.1pp | -9.96%+6.7pp |
| Employer contribution / active EE | $848 | $2,430-65.1% | $3,631-76.6% | $2,111-59.8% |
| Participant deferral / active EE | $1,491 | $2,935-49.2% | $4,082-63.5% | $3,350-55.5% |
| Admin fee / account holder | $39 | $656-94.1% | $5,478-99.3% | $521-92.6% |