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 | $1,480 |
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 | $75,631 | $42,548+77.8% | $74,550+1.5% | $56,287+34.4% |
| Participation rate | 60.5% | 60.5%+0.1pp | 69.1%-8.6pp | 69.9%-9.3pp |
| Annual return | -6.15% | 12.40%-18.6pp | 32.53%-38.7pp | -9.96%+3.8pp |
| Employer contribution / active EE | $1,396 | $855+63.3% | $1,961-28.8% | $2,111-33.9% |
| Participant deferral / active EE | $4,228 | $2,277+85.7% | $3,108+36.0% | $3,350+26.2% |
| Admin fee / account holder | $11 | $467-97.7% | $5,060-99.8% | $521-97.9% |