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 9-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 | $8,252 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $21,255 | $36,916-42.4% | $156,549-86.4% | $57,658-63.1% |
| Participation rate | 31.0% | 63.4%-32.4pp | 84.0%-53.0pp | 70.2%-39.2pp |
| Annual return | 10.52% | 12.38%-1.9pp | 32.23%-21.7pp | 5.13%+5.4pp |
| Employer contribution / active EE | $196 | $1,571-87.5% | $5,501-96.4% | $1,974-90.1% |
| Participant deferral / active EE | $1,277 | $1,926-33.7% | $4,871-73.8% | $3,061-58.3% |
| Admin fee / account holder | $33 | $82-60.5% | $13,027-99.7% | $95-65.5% |