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 6-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 |
|---|---|---|
Filed as: MINNESOTA LIFE INSURANCE Service code 13 · EIN 41-0417830 | Contract Administrator | $2,790 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,132 | $26,549-73.1% | $61,373-88.4% | $66,914-89.3% |
| Participation rate | 21.7% | 38.1%-16.4pp | 52.6%-30.9pp | 69.8%-48.1pp |
| Annual return | -33.07% | -16.21%-16.9pp | 338.61%-371.7pp | 1.58%-34.6pp |
| Employer contribution / active EE | $465 | $651-28.6% | $1,159-59.9% | $2,544-81.7% |
| Participant deferral / active EE | $1,010 | $1,338-24.6% | $2,125-52.5% | $4,237-76.2% |
| Admin fee / account holder | $37 | $409-91.1% | $2,130-98.3% | $593-93.8% |