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 COMPANY2+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $639 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $31,551 | $36,916-14.5% | $156,549-79.8% | $57,658-45.3% |
| Participation rate | 26.4% | 63.4%-37.1pp | 84.0%-57.6pp | 70.2%-43.8pp |
| Annual return | 9.00% | 12.38%-3.4pp | 32.23%-23.2pp | 5.13%+3.9pp |
| Employer contribution / active EE | $194 | $1,571-87.7% | $5,501-96.5% | $1,974-90.2% |
| Participant deferral / active EE | $617 | $1,926-68.0% | $4,871-87.3% | $3,061-79.8% |
| Admin fee / account holder | $7 | $82-91.6% | $13,027-99.9% | $95-92.7% |