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 COMPANY4+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $7,495 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $52,363 | $54,726-4.3% | $68,793-23.9% | $64,186-18.4% |
| Participation rate | 62.2% | 68.0%-5.8pp | 72.2%-10.0pp | 69.6%-7.4pp |
| Annual return | -2.51% | -1.62%-0.9pp | -4.63%+2.1pp | 7.63%-10.1pp |
| Employer contribution / active EE | $1,346 | $1,846-27.1% | $2,625-48.7% | $2,381-43.5% |
| Participant deferral / active EE | $2,684 | $2,626+2.2% | $3,311-18.9% | $3,470-22.6% |
| Admin fee / account holder | $91 | $4,027-97.7% | $5,131-98.2% | $4,888-98.1% |