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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $2,820 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $9,868 | $91,190-89.2% | $178,490-94.5% | $79,858-87.6% |
| Participation rate | 69.8% | 69.2%+0.6pp | 81.9%-12.2pp | 69.6%+0.1pp |
| Annual return | 26.15% | 24.19%+2.0pp | 151.07%-124.9pp | 31.71%-5.6pp |
| Employer contribution / active EE | $1,910 | $3,256-41.3% | $5,011-61.9% | $2,471-22.7% |
| Participant deferral / active EE | $1,061 | $3,236-67.2% | $5,202-79.6% | $3,740-71.6% |
| Admin fee / account holder | $24 | $6,751-99.7% | $13,984-99.8% | $5,306-99.6% |