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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $50,044 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,077 | $64,286+4.3% | $90,970-26.3% | $73,412-8.6% |
| Participation rate | 96.8% | 63.6%+33.3pp | 69.0%+27.8pp | 72.2%+24.7pp |
| Annual return | 15.96% | 21.46%-5.5pp | 134.60%-118.6pp | 59.30%-43.3pp |
| Employer contribution / active EE | $76 | $895-91.5% | $2,122-96.4% | $2,234-96.6% |
| Participant deferral / active EE | $3,047 | $2,453+24.2% | $3,373-9.7% | $3,806-19.9% |
| Admin fee / account holder | $56 | $287-80.4% | $5,961-99.1% | $158-64.4% |