Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $8,539 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $31,288 | $42,546-26.5% | $71,796-56.4% | $55,167-43.3% |
| Participation rate | 63.4% | 59.1%+4.3pp | 69.1%-5.7pp | 69.0%-5.6pp |
| Annual return | 6.54% | 12.36%-5.8pp | 78.04%-71.5pp | 169.23%-162.7pp |
| Employer contribution / active EE | $147 | $803-81.7% | $1,924-92.4% | $1,963-92.5% |
| Participant deferral / active EE | $2,106 | $2,064+2.0% | $2,794-24.7% | $3,054-31.1% |
| Admin fee / account holder | $55 | $650-91.6% | $4,815-98.9% | $504-89.1% |