Filed September 7, 2023
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 |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $6,606 |
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $94,785 | $54,390+74.3% | $117,039-19.0% | $69,631+36.1% |
| Participation rate | 75.6% | 58.5%+17.1pp | 77.2%-1.6pp | 70.7%+4.9pp |
| Annual return | 15.57% | 18.33%-2.8pp | 18.95%-3.4pp | 27571.02%-27555.4pp |
| Employer contribution / active EE | $512 | $1,357-62.2% | $3,785-86.5% | $2,032-74.8% |
| Participant deferral / active EE | $2,961 | $2,076+42.6% | $3,929-24.7% | $3,224-8.2% |
| Admin fee / account holder | $9 | $98-90.7% | $5,974-99.8% | $110-91.7% |