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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $34,029 |
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 | $39,461 | $91,517-56.9% | $101,271-61.0% | $73,412-46.2% |
| Participation rate | 89.9% | 73.8%+16.1pp | 75.8%+14.1pp | 72.2%+17.7pp |
| Annual return | 12.81% | 17.17%-4.4pp | 46.48%-33.7pp | 59.30%-46.5pp |
| Employer contribution / active EE | $861 | $2,877-70.1% | $3,660-76.5% | $2,234-61.4% |
| Participant deferral / active EE | $4,034 | $3,338+20.8% | $4,371-7.7% | $3,806+6.0% |
| Admin fee / account holder | $76 | $216-64.7% | $5,948-98.7% | $158-51.7% |