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 | $505 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $7,014 | $64,348-89.1% | $90,160-92.2% | $70,131-90.0% |
| Participation rate | 60.2% | 70.4%-10.2pp | 76.9%-16.6pp | 69.5%-9.3pp |
| Annual return | 0.00% | 28.13%-28.1pp | 34.88%-34.9pp | 73.14%-73.1pp |
| Employer contribution / active EE | $1,445 | $2,046-29.3% | $3,318-56.4% | $2,342-38.3% |
| Participant deferral / active EE | $2,907 | $4,389-33.8% | $5,288-45.0% | $3,332-12.7% |
| Admin fee / account holder | $8 | $3,944-99.8% | $5,943-99.9% | $4,645-99.8% |