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 COMPANY4+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $3,757 |
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 | $33,996 | $47,977-29.1% | $154,107-77.9% | $56,287-39.6% |
| Participation rate | 23.4% | 66.2%-42.8pp | 83.0%-59.6pp | 69.9%-46.4pp |
| Annual return | -3.72% | 3.54%-7.3pp | 735.12%-738.8pp | -9.96%+6.2pp |
| Employer contribution / active EE | $228 | $2,169-89.5% | $5,298-95.7% | $2,111-89.2% |
| Participant deferral / active EE | $760 | $2,392-68.2% | $5,081-85.0% | $3,350-77.3% |
| Admin fee / account holder | $42 | $438-90.4% | $13,411-99.7% | $521-91.9% |