Filed August 1, 2023 (most recent of 2 filings on file)
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 COMPANY3+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $1,896 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $24,638 | $55,002-55.2% | $59,878-58.9% | $56,287-56.2% |
| Participation rate | 98.4% | 75.9%+22.5pp | 74.7%+23.8pp | 69.9%+28.6pp |
| Annual return | -6.49% | 1.13%-7.6pp | 3.46%-9.9pp | -9.96%+3.5pp |
| Employer contribution / active EE | $2,944 | $2,448+20.3% | $2,722+8.2% | $2,111+39.5% |
| Participant deferral / active EE | $4,797 | $3,121+53.7% | $3,402+41.0% | $3,350+43.2% |
| Admin fee / account holder | $10 | $236-95.9% | $3,590-99.7% | $521-98.1% |