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 COMPANY6+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $6,726 |
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 | $74,547 | $58,101+28.3% | $118,925-37.3% | $73,409+1.5% |
| Participation rate | 50.4% | 56.1%-5.8pp | 75.4%-25.0pp | 72.2%-21.8pp |
| Annual return | 20.61% | 20.56%+0.1pp | 35.88%-15.3pp | 59.29%-38.7pp |
| Employer contribution / active EE | $787 | $1,445-45.5% | $3,263-75.9% | $2,234-64.8% |
| Participant deferral / active EE | $2,319 | $2,400-3.4% | $4,265-45.6% | $3,805-39.1% |
| Admin fee / account holder | $34 | $138-75.0% | $6,581-99.5% | $158-78.2% |