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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $4,514 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $12,200 | $52,953-77.0% | $172,739-92.9% | $65,185-81.3% |
| Participation rate | 44.8% | 66.2%-21.4pp | 82.6%-37.9pp | 70.2%-25.4pp |
| Annual return | 0.00% | 30.12%-30.1pp | 802.84%-802.8pp | 29.38%-29.4pp |
| Employer contribution / active EE | $733 | $2,190-66.5% | $5,143-85.8% | $2,177-66.3% |
| Participant deferral / active EE | $1,509 | $2,471-38.9% | $5,198-71.0% | $3,514-57.0% |
| Admin fee / account holder | $4 | $472-99.2% | $13,954-100.0% | $847-99.5% |