Filed January 18, 2019 (most recent of 4 filings on file)
Total covered: 15 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 COMPANY6+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $44,818 |
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 | $88,766 | $111,608-20.5% | $177,821-50.1% | $73,409+20.9% |
| Participation rate | 100.0% | 87.9%+12.1pp | 87.7%+12.3pp | 72.2%+27.8pp |
| Annual return | 14.25% | 18.23%-4.0pp | 48.32%-34.1pp | 59.29%-45.0pp |
| Employer contribution / active EE | $5,196 | $3,796+36.9% | $5,918-12.2% | $2,234+132.6% |
| Participant deferral / active EE | $5,942 | $6,199-4.1% | $7,714-23.0% | $3,805+56.2% |
| Admin fee / account holder | $49 | $166-70.7% | $12,427-99.6% | $158-69.3% |