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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FRINGE BENEFITS DESIGN OF MINNSOTA Service code 15 · EIN 41-1276678 | Recordkeeping | $25,749 |
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 | $45,413 | $65,092-30.2% | $143,799-68.4% | $66,938-32.2% |
| Participation rate | 90.5% | 65.2%+25.3pp | 80.3%+10.2pp | 69.8%+20.7pp |
| Annual return | -11.84% | -11.14%-0.7pp | -0.04%-11.8pp | 1.58%-13.4pp |
| Employer contribution / active EE | $2,395 | $2,362+1.4% | $4,952-51.6% | $2,545-5.9% |
| Participant deferral / active EE | $2,964 | $2,920+1.5% | $5,638-47.4% | $4,238-30.1% |
| Admin fee / account holder | $167 | $502-66.8% | $14,677-98.9% | $594-71.9% |