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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $21,027 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $113,544 | $52,293+117.1% | $178,503-36.4% | $73,412+54.7% |
| Participation rate | 78.3% | 65.3%+12.9pp | 81.9%-3.6pp | 72.2%+6.1pp |
| Annual return | 16.21% | 34.75%-18.5pp | 151.12%-134.9pp | 59.30%-43.1pp |
| Employer contribution / active EE | $1,876 | $1,736+8.1% | $5,011-62.6% | $2,234-16.0% |
| Participant deferral / active EE | $5,098 | $2,333+118.5% | $5,202-2.0% | $3,806+34.0% |
| Admin fee / account holder | $52 | $127-58.9% | $13,987-99.6% | $158-66.9% |