Filed August 6, 2020 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 | $35,400 |
Filed as: ROLAND CRISS Service code 14 · EIN 75-2866255 | Plan Administrator | $18,675 |
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 | $37,391 | $111,608-66.5% | $177,821-79.0% | $73,409-49.1% |
| Participation rate | 97.5% | 87.9%+9.7pp | 87.7%+9.8pp | 72.2%+25.4pp |
| Annual return | 20.25% | 18.23%+2.0pp | 48.32%-28.1pp | 59.29%-39.0pp |
| Employer contribution / active EE | $2,364 | $3,796-37.7% | $5,918-60.1% | $2,234+5.8% |
| Participant deferral / active EE | $5,688 | $6,199-8.2% | $7,714-26.3% | $3,805+49.5% |
| Admin fee / account holder | $86 | $166-47.8% | $12,427-99.3% | $158-45.3% |