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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FRINGE BENEFITS DESIGN OF MINNSOTA Service code 15 · EIN 41-1276678 | Recordkeeping | $27,953 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,673 | $61,166-10.6% | $185,849-70.6% | $79,391-31.1% |
| Participation rate | 88.9% | 66.6%+22.3pp | 81.7%+7.2pp | 70.7%+18.2pp |
| Annual return | 24.82% | 19.45%+5.4pp | 122.10%-97.3pp | 116.88%-92.1pp |
| Employer contribution / active EE | $2,166 | $2,321-6.7% | $5,169-58.1% | $2,428-10.8% |
| Participant deferral / active EE | $2,686 | $2,789-3.7% | $5,569-51.8% | $4,046-33.6% |
| Admin fee / account holder | $195 | $710-72.5% | $16,244-98.8% | $627-68.8% |