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 7-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 |
|---|---|---|
Filed as: MINNESOTA LIFE INSURANCE, COMPANY Service code 13 · EIN 41-0417830 | Contract Administrator | $3,142 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,522 | $102,553-83.9% | $151,611-89.1% | $66,914-75.3% |
| Participation rate | 41.0% | 85.5%-44.5pp | 87.5%-46.5pp | 69.8%-28.8pp |
| Annual return | -16.41% | -10.82%-5.6pp | 3.33%-19.7pp | 1.58%-18.0pp |
| Employer contribution / active EE | $1,860 | $4,180-55.5% | $6,166-69.8% | $2,544-26.9% |
| Participant deferral / active EE | $3,620 | $6,641-45.5% | $8,363-56.7% | $4,237-14.6% |
| Admin fee / account holder | $27 | $630-95.7% | $11,616-99.8% | $593-95.4% |