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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $4,225 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,793 | $42,546-53.5% | $71,796-72.4% | $55,167-64.1% |
| Participation rate | 79.2% | 59.1%+20.1pp | 69.1%+10.1pp | 69.0%+10.3pp |
| Annual return | 9.05% | 12.36%-3.3pp | 78.04%-69.0pp | 169.23%-160.2pp |
| Employer contribution / active EE | $242 | $803-69.9% | $1,924-87.4% | $1,963-87.7% |
| Participant deferral / active EE | $3,032 | $2,064+46.9% | $2,794+8.5% | $3,054-0.7% |
| Admin fee / account holder | $34 | $650-94.7% | $4,815-99.3% | $504-93.2% |