See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $110,790 |
Service code 17 · EIN 61-1758632 | Pension Consulting | $77,991 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $103,704 | $129,021-19.6% | $184,203-43.7% | $77,643+33.6% |
| Participation rate | 62.0% | 87.3%-25.3pp | 86.8%-24.8pp | 70.6%-8.5pp |
| Annual return | 12.73% | 33.27%-20.5pp | 28.81%-16.1pp | 31.24%-18.5pp |
| Employer contribution / active EE | $2,099 | $4,413-52.4% | $6,427-67.3% | $2,726-23.0% |
| Participant deferral / active EE | $4,459 | $7,297-38.9% | $9,131-51.2% | $4,647-4.0% |
| Admin fee / account holder | $263 | $254+3.8% | $13,901-98.1% | $430-38.8% |