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 8-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 | $44,091 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $17,877 | $66,601-73.2% | $92,893-80.8% | $67,579-73.5% |
| Participation rate | 88.5% | 72.5%+16.0pp | 76.0%+12.5pp | 71.3%+17.2pp |
| Annual return | 23.06% | 92.58%-69.5pp | 109.41%-86.4pp | 378.56%-355.5pp |
| Employer contribution / active EE | $2,878 | $2,775+3.7% | $3,653-21.2% | $2,148+34.0% |
| Participant deferral / active EE | $866 | $3,157-72.6% | $4,236-79.6% | $3,539-75.5% |
| Admin fee / account holder | $44 | $199-78.1% | $5,794-99.2% | $142-69.3% |