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 | $760 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
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 | $7,785 | $73,546-89.4% | $63,018-87.6% | $147,586-94.7% |
| Participation rate | 69.6% | 77.9%-8.3pp | 74.8%-5.2pp | 82.8%-13.3pp |
| Annual return | 15.00% | 175.56%-160.6pp | 87.62%-72.6pp | 578.59%-563.6pp |
| Employer contribution / active EE | $1,197 | $3,324-64.0% | $2,761-56.6% | $4,876-75.4% |
| Participant deferral / active EE | $3,464 | $4,185-17.2% | $3,330+4.0% | $5,439-36.3% |
| Admin fee / account holder | $6 | $5,956-99.9% | $3,601-99.8% | $10,886-99.9% |