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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $3,341 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $13,277 | $75,832-82.5% | $147,617-91.0% | $59,633-77.7% |
| Participation rate | 75.5% | 71.6%+3.9pp | 84.6%-9.1pp | 68.7%+6.8pp |
| Annual return | -1.96% | 0.37%-2.3pp | 61.98%-63.9pp | 2041.45%-2043.4pp |
| Employer contribution / active EE | $0 | $3,485-100.0% | $5,564-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $1,329 | $3,131-57.5% | $4,895-72.8% | $3,192-58.4% |
| Admin fee / account holder | $38 | $5,986-99.4% | $11,612-99.7% | $4,297-99.1% |