Filed September 28, 2016 (most recent of 2 filings on file)
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 |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $3,310 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $31,602 | $79,523-60.3% | $140,016-77.4% | $56,287-43.9% |
| Participation rate | 70.5% | 85.7%-15.2pp | 87.5%-17.0pp | 69.9%+0.7pp |
| Annual return | -6.35% | 2.39%-8.7pp | 651.12%-657.5pp | -9.96%+3.6pp |
| Employer contribution / active EE | $0 | $3,350-100.0% | $5,606-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $9,355 | $5,129+82.4% | $6,927+35.0% | $3,350+179.3% |
| Admin fee / account holder | $18 | $614-97.1% | $10,705-99.8% | $521-96.5% |