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 COMPANY2+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $5,272 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $44,769 | $46,761-4.3% | $106,619-58.0% | $57,658-22.4% |
| Participation rate | 41.1% | 56.9%-15.8pp | 78.0%-36.9pp | 70.2%-29.1pp |
| Annual return | 8.50% | 15.77%-7.3pp | 9.42%-0.9pp | 5.13%+3.4pp |
| Employer contribution / active EE | $561 | $1,274-55.9% | $3,947-85.8% | $1,974-71.6% |
| Participant deferral / active EE | $1,488 | $1,954-23.9% | $3,930-62.1% | $3,061-51.4% |
| Admin fee / account holder | $32 | $97-66.6% | $6,418-99.5% | $95-65.8% |