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 10-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 COMPANY1+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $6,121 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $26,993 | $46,360-41.8% | $147,614-81.7% | $52,331-48.4% |
| Participation rate | 48.3% | 64.9%-16.6pp | 84.6%-36.3pp | 68.1%-19.8pp |
| Annual return | 0.46% | 1.62%-1.2pp | 61.98%-61.5pp | 4.54%-4.1pp |
| Employer contribution / active EE | $471 | $2,126-77.9% | $5,564-91.5% | $1,882-75.0% |
| Participant deferral / active EE | $909 | $2,258-59.7% | $4,895-81.4% | $3,022-69.9% |
| Admin fee / account holder | $60 | $766-92.2% | $11,611-99.5% | $592-89.8% |