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 COMPANY3+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $1,712 |
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 | $37,797 | $55,453-31.8% | $170,442-77.8% | $62,292-39.3% |
| Participation rate | 27.0% | 66.4%-39.4pp | 83.6%-56.6pp | 69.5%-42.5pp |
| Annual return | 14.98% | 21.38%-6.4pp | 205.93%-190.9pp | 28.90%-13.9pp |
| Employer contribution / active EE | $246 | $2,164-88.6% | $5,433-95.5% | $2,042-87.9% |
| Participant deferral / active EE | $716 | $2,303-68.9% | $4,939-85.5% | $3,169-77.4% |
| Admin fee / account holder | $19 | $455-95.9% | $13,880-99.9% | $479-96.1% |