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 COMPANY2+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $9,290 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $34,813 | $36,916-5.7% | $156,549-77.8% | $57,658-39.6% |
| Participation rate | 44.1% | 63.4%-19.3pp | 84.0%-39.9pp | 70.2%-26.1pp |
| Annual return | 8.76% | 12.38%-3.6pp | 32.23%-23.5pp | 5.13%+3.6pp |
| Employer contribution / active EE | $333 | $1,571-78.8% | $5,501-94.0% | $1,974-83.1% |
| Participant deferral / active EE | $1,490 | $1,926-22.6% | $4,871-69.4% | $3,061-51.3% |
| Admin fee / account holder | $47 | $82-43.1% | $13,027-99.6% | $95-50.4% |