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 10-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 |
|---|---|---|
Filed as: MINNESOTA LIFE ISURANCE COMPANY Service code 13 · EIN 41-0417830 | Contract Administrator | $12,827 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,005 | $63,442-71.6% | $68,791-73.8% | $66,914-73.1% |
| Participation rate | 46.5% | 60.0%-13.5pp | 69.0%-22.6pp | 69.8%-23.3pp |
| Annual return | -16.84% | -8.29%-8.5pp | -6.38%-10.5pp | 1.58%-18.4pp |
| Employer contribution / active EE | $245 | $1,775-86.2% | $2,655-90.8% | $2,544-90.4% |
| Participant deferral / active EE | $1,662 | $2,945-43.5% | $3,941-57.8% | $4,237-60.8% |
| Admin fee / account holder | $149 | $577-74.2% | $4,932-97.0% | $593-74.9% |