Filed April 18, 2024
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 COMPANY8+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $4,604 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,854 | $65,435+66.4% | $86,677+25.6% | $66,914+62.7% |
| Participation rate | 92.5% | 75.5%+17.1pp | 76.6%+16.0pp | 69.8%+22.7pp |
| Annual return | -13.01% | -10.89%-2.1pp | 35.91%-48.9pp | 1.58%-14.6pp |
| Employer contribution / active EE | $1,971 | $2,153-8.5% | $2,836-30.5% | $2,544-22.5% |
| Participant deferral / active EE | $7,877 | $4,100+92.1% | $4,656+69.2% | $4,237+85.9% |
| Admin fee / account holder | $16 | $642-97.6% | $7,493-99.8% | $593-97.4% |