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 COMPANY6+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $1,454 |
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 | $44,918 | $58,888-23.7% | $178,499-74.8% | $73,493-38.9% |
| Participation rate | 24.6% | 66.2%-41.6pp | 81.9%-57.3pp | 70.7%-46.1pp |
| Annual return | 11.03% | 24.86%-13.8pp | 151.10%-140.1pp | 28.51%-17.5pp |
| Employer contribution / active EE | $280 | $2,236-87.5% | $5,011-94.4% | $2,270-87.7% |
| Participant deferral / active EE | $1,038 | $2,568-59.6% | $5,202-80.1% | $3,740-72.3% |
| Admin fee / account holder | $16 | $400-95.9% | $13,986-99.9% | $513-96.8% |