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 COMPANY3+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $4,269 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $30,992 | $50,385-38.5% | $75,670-59.0% | $62,292-50.2% |
| Participation rate | 65.6% | 67.7%-2.1pp | 72.3%-6.7pp | 69.5%-3.9pp |
| Annual return | 16.13% | 19.90%-3.8pp | 27.34%-11.2pp | 28.90%-12.8pp |
| Employer contribution / active EE | $1,502 | $1,537-2.3% | $2,352-36.1% | $2,042-26.4% |
| Participant deferral / active EE | $2,026 | $2,445-17.1% | $3,142-35.5% | $3,169-36.1% |
| Admin fee / account holder | $27 | $384-93.1% | $5,800-99.5% | $479-94.5% |