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 COMPANY2+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $6,820 |
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 | $27,158 | $46,732-41.9% | $156,549-82.7% | $55,167-50.8% |
| Participation rate | 42.0% | 65.8%-23.8pp | 84.0%-42.0pp | 69.0%-27.0pp |
| Annual return | 6.98% | 17.72%-10.7pp | 32.23%-25.2pp | 169.23%-162.2pp |
| Employer contribution / active EE | $485 | $2,105-76.9% | $5,501-91.2% | $1,963-75.3% |
| Participant deferral / active EE | $785 | $2,204-64.4% | $4,871-83.9% | $3,054-74.3% |
| Admin fee / account holder | $61 | $418-85.4% | $13,027-99.5% | $504-87.9% |