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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $24,164 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $101,115 | $46,332+118.2% | $143,797-29.7% | $64,824+56.0% |
| Participation rate | 76.9% | 64.2%+12.7pp | 80.3%-3.4pp | 71.5%+5.4pp |
| Annual return | -17.49% | -10.05%-7.4pp | -0.04%-17.4pp | 32.84%-50.3pp |
| Employer contribution / active EE | $2,096 | $1,911+9.7% | $4,952-57.7% | $2,507-16.4% |
| Participant deferral / active EE | $5,851 | $2,647+121.0% | $5,638+3.8% | $4,311+35.7% |
| Admin fee / account holder | $61 | $154-60.5% | $14,679-99.6% | $188-67.7% |