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.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $5,308 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $29,420 | $75,419-61.0% | $392,568-92.5% | $67,579-56.5% |
| Participation rate | 58.4% | 74.8%-16.5pp | 78.1%-19.7pp | 71.3%-12.9pp |
| Annual return | 24.87% | 36.70%-11.8pp | 24.42%+0.4pp | 378.56%-353.7pp |
| Employer contribution / active EE | $0 | $2,636-100.0% | $3,783-100.0% | $2,148-100.0% |
| Participant deferral / active EE | $6,155 | $4,347+41.6% | $5,985+2.8% | $3,539+73.9% |
| Admin fee / account holder | $13 | $114-89.0% | $6,260-99.8% | $142-91.2% |