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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $41,806 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $44,953 | $48,064-6.5% | $78,778-42.9% | $69,631-35.4% |
| Participation rate | 97.0% | 61.6%+35.4pp | 69.2%+27.8pp | 70.7%+26.3pp |
| Annual return | 16.23% | 21.81%-5.6pp | 35.62%-19.4pp | 27571.02%-27554.8pp |
| Employer contribution / active EE | $286 | $744-61.5% | $1,986-85.6% | $2,032-85.9% |
| Participant deferral / active EE | $2,578 | $2,079+24.0% | $2,958-12.8% | $3,224-20.0% |
| Admin fee / account holder | $36 | $152-76.6% | $5,134-99.3% | $110-67.8% |