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 COMPANY7+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $4,693 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,766 | $60,989-59.4% | $60,874-59.3% | $66,914-63.0% |
| Participation rate | 89.5% | 74.5%+15.0pp | 73.1%+16.4pp | 69.8%+19.7pp |
| Annual return | -15.61% | -9.60%-6.0pp | 16.90%-32.5pp | 1.58%-17.2pp |
| Employer contribution / active EE | $3,082 | $2,661+15.8% | $2,701+14.1% | $2,544+21.1% |
| Participant deferral / active EE | $5,007 | $3,615+38.5% | $3,817+31.2% | $4,237+18.2% |
| Admin fee / account holder | $16 | $338-95.2% | $3,224-99.5% | $593-97.3% |