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 COMPANY8+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $3,065 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $34,748 | $73,867-53.0% | $143,757-75.8% | $68,494-49.3% |
| Participation rate | 59.6% | 66.7%-7.1pp | 80.3%-20.8pp | 67.9%-8.3pp |
| Annual return | -17.48% | 1.01%-18.5pp | -0.04%-17.4pp | -7.84%-9.6pp |
| Employer contribution / active EE | $1,877 | $3,184-41.1% | $4,951-62.1% | $2,596-27.7% |
| Participant deferral / active EE | $3,854 | $3,384+13.9% | $5,637-31.6% | $4,027-4.3% |
| Admin fee / account holder | $38 | $5,755-99.3% | $14,673-99.7% | $5,403-99.3% |