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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $4,636 |
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 | $20,758 | $49,138-57.8% | $84,021-75.3% | $65,185-68.2% |
| Participation rate | 89.6% | 60.7%+28.9pp | 69.0%+20.6pp | 70.2%+19.4pp |
| Annual return | 27.86% | 23.00%+4.9pp | 71.32%-43.5pp | 29.38%-1.5pp |
| Employer contribution / active EE | $678 | $914-25.8% | $1,984-65.8% | $2,177-68.9% |
| Participant deferral / active EE | $4,168 | $2,397+73.9% | $3,239+28.7% | $3,514+18.6% |
| Admin fee / account holder | $28 | $543-94.8% | $6,102-99.5% | $847-96.6% |