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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $3,640 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,597 | $55,230-37.4% | $79,580-56.5% | - |
| Participation rate | 89.9% | 62.4%+27.5pp | 69.5%+20.4pp | - |
| Annual return | -18.61% | -17.05%-1.6pp | 0.15%-18.8pp | - |
| Employer contribution / active EE | $562 | $1,304-56.9% | $2,413-76.7% | - |
| Participant deferral / active EE | $5,525 | $2,804+97.0% | $3,985+38.6% | - |
| Admin fee / account holder | $0 | $7,320-100.0% | $6,835-100.0% | - |