Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $1,719 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $37,373 | $52,961-29.4% | $172,752-78.4% | $65,185-42.7% |
| Participation rate | 26.1% | 66.2%-40.1pp | 82.6%-56.5pp | 70.2%-44.1pp |
| Annual return | 19.75% | 30.12%-10.4pp | 802.97%-783.2pp | 29.38%-9.6pp |
| Employer contribution / active EE | $248 | $2,190-88.7% | $5,144-95.2% | $2,177-88.6% |
| Participant deferral / active EE | $867 | $2,471-64.9% | $5,198-83.3% | $3,514-75.3% |
| Admin fee / account holder | $19 | $472-96.0% | $13,955-99.9% | $847-97.8% |