Filed July 10, 2019 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $2,817 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,520 | $66,302-14.8% | $110,243-48.7% | $56,287+0.4% |
| Participation rate | 95.9% | 74.9%+21.0pp | 79.8%+16.1pp | 69.9%+26.0pp |
| Annual return | -5.48% | -1.18%-4.3pp | 314.76%-320.2pp | -9.96%+4.5pp |
| Employer contribution / active EE | $2,702 | $2,047+32.0% | $3,827-29.4% | $2,111+28.0% |
| Participant deferral / active EE | $4,169 | $3,381+23.3% | $4,672-10.8% | $3,350+24.5% |
| Admin fee / account holder | $9 | $698-98.7% | $8,548-99.9% | $521-98.2% |