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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $38,519 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,335 | $42,367+44.8% | $79,583-22.9% | $64,824-5.4% |
| Participation rate | 98.3% | 64.7%+33.6pp | 69.5%+28.9pp | 71.5%+26.9pp |
| Annual return | -15.58% | -12.24%-3.3pp | 0.16%-15.7pp | 32.84%-48.4pp |
| Employer contribution / active EE | $1,122 | $1,181-4.9% | $2,414-53.5% | $2,507-55.2% |
| Participant deferral / active EE | $4,048 | $3,168+27.8% | $3,986+1.6% | $4,311-6.1% |
| Admin fee / account holder | $42 | $160-73.8% | $6,835-99.4% | $188-77.8% |