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 COMPANY5+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $2,070 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $29,851 | $52,953-43.6% | $172,739-82.7% | $65,185-54.2% |
| Participation rate | 61.8% | 66.2%-4.4pp | 82.6%-20.8pp | 70.2%-8.4pp |
| Annual return | 19.19% | 30.12%-10.9pp | 802.84%-783.7pp | 29.38%-10.2pp |
| Employer contribution / active EE | $835 | $2,190-61.9% | $5,143-83.8% | $2,177-61.6% |
| Participant deferral / active EE | $3,261 | $2,471+32.0% | $5,198-37.3% | $3,514-7.2% |
| Admin fee / account holder | $22 | $472-95.3% | $13,954-99.8% | $847-97.4% |