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 COMPANY5+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $1,815 |
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 | $61,665 | $124,414-50.4% | $115,157-46.5% | $67,579-8.8% |
| Participation rate | 47.6% | 58.1%-10.5pp | 75.9%-28.3pp | 71.3%-23.7pp |
| Annual return | 26.23% | 29.40%-3.2pp | 35.60%-9.4pp | 378.56%-352.3pp |
| Employer contribution / active EE | $747 | $1,454-48.7% | $3,179-76.5% | $2,148-65.2% |
| Participant deferral / active EE | $2,113 | $2,331-9.3% | $4,168-49.3% | $3,539-40.3% |
| Admin fee / account holder | $9 | $361-97.4% | $7,088-99.9% | $142-93.4% |