Filed December 22, 2016 (most recent of 2 filings on file)
Total covered: 4 employees
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 | $5,040 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,826 | $64,612+66.9% | $86,436+24.7% | $64,808+66.4% |
| Participation rate | 96.9% | 81.5%+15.4pp | 80.3%+16.5pp | 71.5%+25.4pp |
| Annual return | -20.75% | 0.66%-21.4pp | 4394.89%-4415.6pp | 32.82%-53.6pp |
| Employer contribution / active EE | $3,735 | $2,744+36.1% | $3,769-0.9% | $2,506+49.1% |
| Participant deferral / active EE | $9,415 | $7,497+25.6% | $6,952+35.4% | $4,310+118.4% |
| Admin fee / account holder | $12 | $169-93.1% | $6,731-99.8% | $188-93.8% |