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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $54,232 |
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 | $47,745 | $79,519-40.0% | $95,960-50.2% | $73,412-35.0% |
| Participation rate | 81.9% | 81.2%+0.7pp | 77.1%+4.8pp | 72.2%+9.7pp |
| Annual return | -9.20% | 19.20%-28.4pp | 91.63%-100.8pp | 59.30%-68.5pp |
| Employer contribution / active EE | $909 | $2,048-55.6% | $2,541-64.2% | $2,234-59.3% |
| Participant deferral / active EE | $3,211 | $4,138-22.4% | $4,167-22.9% | $3,806-15.6% |
| Admin fee / account holder | $106 | $184-42.6% | $6,797-98.4% | $158-33.0% |