Filed July 10, 2019 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $43,419 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,531 | $71,142-13.5% | $119,608-48.6% | $64,814-5.1% |
| Participation rate | 97.7% | 78.6%+19.1pp | 79.3%+18.4pp | 71.5%+26.2pp |
| Annual return | -19.53% | -10.01%-9.5pp | -14.98%-4.5pp | 32.84%-52.4pp |
| Employer contribution / active EE | $3,456 | $2,497+38.4% | $4,232-18.3% | $2,507+37.9% |
| Participant deferral / active EE | $5,134 | $4,490+14.4% | $5,601-8.3% | $4,310+19.1% |
| Admin fee / account holder | $115 | $162-28.8% | $10,326-98.9% | $188-38.5% |