Filed May 10, 2018 (most recent of 3 filings on file)
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 |
|---|---|---|
Filed as: MINNESOTA LIFE INSURANCE COMPANYPER Service code 13 · EIN 41-0417830 | Contract Administrator | $25,842 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $104,210 | $65,435+59.3% | $86,677+20.2% | $66,914+55.7% |
| Participation rate | 99.4% | 75.5%+24.0pp | 76.6%+22.9pp | 69.8%+29.6pp |
| Annual return | -16.20% | -10.89%-5.3pp | 35.91%-52.1pp | 1.58%-17.8pp |
| Employer contribution / active EE | $8,834 | $2,153+310.3% | $2,836+211.5% | $2,544+247.2% |
| Participant deferral / active EE | $4,302 | $4,100+4.9% | $4,656-7.6% | $4,237+1.5% |
| Admin fee / account holder | $99 | $642-84.6% | $7,493-98.7% | $593-83.4% |