Filed December 22, 2016 (most recent of 2 filings on file)
Total covered: 4 employees
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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $2,605 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $58,031 | $55,182+5.2% | $73,309-20.8% | $55,191+5.1% |
| Participation rate | 92.9% | 73.9%+19.0pp | 74.9%+18.0pp | 69.2%+23.7pp |
| Annual return | -0.87% | 8.55%-9.4pp | 5.67%-6.5pp | 10.78%-11.6pp |
| Employer contribution / active EE | $2,951 | $1,935+52.5% | $3,237-8.9% | $1,899+55.4% |
| Participant deferral / active EE | $6,533 | $4,641+40.8% | $4,991+30.9% | $3,046+114.5% |
| Admin fee / account holder | $7 | $68-89.3% | $5,635-99.9% | $91-92.0% |