See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 5-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY2+ years Service code 10 · EIN 41-0417830 | Accounting | $30,707 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,079 | $59,159-32.3% | $159,960-74.9% | $66,914-40.1% |
| Participation rate | 45.0% | 68.1%-23.1pp | 78.0%-33.0pp | 69.8%-24.8pp |
| Annual return | -16.49% | -12.26%-4.2pp | 408.60%-425.1pp | 1.58%-18.1pp |
| Employer contribution / active EE | $985 | $1,983-50.3% | $4,226-76.7% | $2,544-61.3% |
| Participant deferral / active EE | $1,659 | $4,395-62.3% | $6,182-73.2% | $4,237-60.8% |
| Admin fee / account holder | $327 | $591-44.7% | $8,698-96.2% | $593-44.9% |