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 8-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 COMPANY3+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $4,796 |
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 | $67,960 | $57,065+19.1% | $75,670-10.2% | $70,131-3.1% |
| Participation rate | 54.8% | 68.1%-13.3pp | 72.3%-17.6pp | 69.5%-14.8pp |
| Annual return | 18.24% | 23.57%-5.3pp | 27.34%-9.1pp | 73.14%-54.9pp |
| Employer contribution / active EE | $1,159 | $1,817-36.2% | $2,352-50.7% | $2,342-50.5% |
| Participant deferral / active EE | $2,911 | $2,580+12.8% | $3,142-7.4% | $3,332-12.6% |
| Admin fee / account holder | $64 | $3,825-98.3% | $5,800-98.9% | $4,645-98.6% |