Filed December 10, 2005 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 COMPANY4+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $25,966 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $40,602 | $82,546-50.8% | $140,016-71.0% | $75,289-46.1% |
| Participation rate | 87.4% | 88.4%-1.0pp | 87.5%-0.1pp | 72.4%+15.0pp |
| Annual return | -3.69% | -0.36%-3.3pp | 651.12%-654.8pp | -0.04%-3.7pp |
| Employer contribution / active EE | $1,168 | $3,856-69.7% | $5,606-79.2% | $2,405-51.4% |
| Participant deferral / active EE | $3,469 | $5,731-39.5% | $6,927-49.9% | $3,739-7.2% |
| Admin fee / account holder | $21 | $86-75.7% | $10,705-99.8% | $102-79.7% |