Filed January 16, 2025
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $1,705 |
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 | $42,360 | $77,638-45.4% | $156,551-72.9% | $62,881-32.6% |
| Participation rate | 82.6% | 71.2%+11.4pp | 84.0%-1.5pp | 69.3%+13.3pp |
| Annual return | -0.11% | 50.33%-50.4pp | 32.23%-32.3pp | 20.14%-20.3pp |
| Employer contribution / active EE | $752 | $3,444-78.2% | $5,501-86.3% | $2,281-67.1% |
| Participant deferral / active EE | $2,727 | $3,046-10.5% | $4,871-44.0% | $3,203-14.9% |
| Admin fee / account holder | $17 | $5,561-99.7% | $13,028-99.9% | $4,296-99.6% |