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 COMPANY8+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $5,040 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,826 | $64,612+66.9% | $86,451+24.7% | $64,824+66.3% |
| Participation rate | 96.9% | 81.5%+15.4pp | 80.3%+16.5pp | 71.5%+25.4pp |
| Annual return | -20.75% | 0.66%-21.4pp | 4398.51%-4419.3pp | 32.84%-53.6pp |
| Employer contribution / active EE | $3,735 | $2,744+36.1% | $3,770-0.9% | $2,507+49.0% |
| Participant deferral / active EE | $9,415 | $7,497+25.6% | $6,953+35.4% | $4,311+118.4% |
| Admin fee / account holder | $12 | $169-93.1% | $6,734-99.8% | $188-93.8% |