Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MINNESOTA LIFE ISURANCE COMPANY Service code 13 · EIN 41-0417830 | Contract Administrator | $5,633 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,334 | $60,788-56.7% | $85,709-69.3% | $79,391-66.8% |
| Participation rate | 43.9% | 62.1%-18.3pp | 69.9%-26.0pp | 70.7%-26.9pp |
| Annual return | 49.38% | 16.57%+32.8pp | 21.49%+27.9pp | 116.88%-67.5pp |
| Employer contribution / active EE | $199 | $1,664-88.1% | $2,619-92.4% | $2,428-91.8% |
| Participant deferral / active EE | $1,469 | $2,920-49.7% | $3,924-62.5% | $4,046-63.7% |
| Admin fee / account holder | $183 | $439-58.4% | $6,876-97.3% | $627-70.8% |