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 Filed as: MINNESOTA LIFE INSURANCE COMPNAY Service code 13 · EIN 41-0417830 | Contract Administrator | $22,772 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,471 | $59,805-70.8% | $79,550-78.0% | $68,494-74.5% |
| Participation rate | 86.2% | 61.1%+25.1pp | 69.5%+16.7pp | 67.9%+18.3pp |
| Annual return | -16.07% | -12.30%-3.8pp | 0.16%-16.2pp | -7.84%-8.2pp |
| Employer contribution / active EE | $41 | $1,505-97.2% | $2,413-98.3% | $2,596-98.4% |
| Participant deferral / active EE | $3,948 | $3,024+30.6% | $3,985-0.9% | $4,027-2.0% |
| Admin fee / account holder | $170 | $4,835-96.5% | $6,832-97.5% | $5,403-96.9% |