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 COMPANY2+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $22,585 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $22,724 | $89,739-74.7% | $149,718-84.8% | $62,292-63.5% |
| Participation rate | 95.8% | 85.1%+10.7pp | 87.1%+8.8pp | 69.5%+26.3pp |
| Annual return | 19.52% | 21.01%-1.5pp | 1501.63%-1482.1pp | 28.90%-9.4pp |
| Employer contribution / active EE | $591 | $3,233-81.7% | $5,445-89.1% | $2,042-71.1% |
| Participant deferral / active EE | $3,796 | $4,797-20.9% | $6,569-42.2% | $3,169+19.8% |
| Admin fee / account holder | $141 | $551-74.4% | $11,283-98.7% | $479-70.6% |