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 COMPANY4+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $2,335 |
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 | $29,221 | $60,795-51.9% | $69,455-57.9% | $65,185-55.2% |
| Participation rate | 99.3% | 74.9%+24.4pp | 74.6%+24.7pp | 70.2%+29.1pp |
| Annual return | 27.08% | 17.46%+9.6pp | 28.97%-1.9pp | 29.38%-2.3pp |
| Employer contribution / active EE | $2,939 | $2,452+19.8% | $2,779+5.7% | $2,177+35.0% |
| Participant deferral / active EE | $4,870 | $3,162+54.0% | $3,535+37.8% | $3,514+38.6% |
| Admin fee / account holder | $10 | $314-96.8% | $3,839-99.7% | $847-98.8% |