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 | $45,003 |
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 | $116,897 | $76,050+53.7% | $96,544+21.1% | $71,457+63.6% |
| Participation rate | 97.0% | 74.4%+22.6pp | 76.0%+21.1pp | 67.9%+29.1pp |
| Annual return | 16.68% | 22.81%-6.1pp | 25.84%-9.2pp | 28.85%-12.2pp |
| Employer contribution / active EE | $9,775 | $2,244+335.6% | $2,965+229.7% | $2,588+277.7% |
| Participant deferral / active EE | $4,321 | $4,215+2.5% | $4,851-10.9% | $4,289+0.8% |
| Admin fee / account holder | $165 | $2,707-93.9% | $8,252-98.0% | $1,587-89.6% |