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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $9,262 |
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 | $130,308 | $70,917+83.7% | $98,916+31.7% | $73,493+77.3% |
| Participation rate | 93.6% | 73.8%+19.8pp | 76.0%+17.6pp | 70.7%+22.9pp |
| Annual return | 15.29% | 34.18%-18.9pp | 196.45%-181.2pp | 28.51%-13.2pp |
| Employer contribution / active EE | $2,506 | $2,037+23.0% | $2,689-6.8% | $2,270+10.4% |
| Participant deferral / active EE | $5,864 | $3,501+67.5% | $4,245+38.2% | $3,740+56.8% |
| Admin fee / account holder | $41 | $535-92.3% | $6,642-99.4% | $513-92.0% |