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 COMPANY1+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $8,600 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $31,962 | $37,117-13.9% | $147,614-78.3% | $55,191-42.1% |
| Participation rate | 48.7% | 63.6%-14.9pp | 84.6%-36.0pp | 69.2%-20.5pp |
| Annual return | -4.40% | 3.44%-7.8pp | 61.98%-66.4pp | 10.78%-15.2pp |
| Employer contribution / active EE | $365 | $1,620-77.5% | $5,564-93.4% | $1,899-80.8% |
| Participant deferral / active EE | $1,574 | $1,985-20.7% | $4,895-67.9% | $3,046-48.3% |
| Admin fee / account holder | $49 | $86-42.7% | $11,611-99.6% | $91-45.9% |