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 | $5,366 |
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 | $32,028 | $80,753-60.3% | $136,294-76.5% | $62,292-48.6% |
| Participation rate | 66.7% | 73.5%-6.9pp | 81.9%-15.3pp | 69.5%-2.8pp |
| Annual return | 23.44% | 35.83%-12.4pp | 5155.94%-5132.5pp | 28.90%-5.5pp |
| Employer contribution / active EE | $1,974 | $2,884-31.6% | $4,695-58.0% | $2,042-3.4% |
| Participant deferral / active EE | $3,677 | $5,164-28.8% | $6,247-41.1% | $3,169+16.0% |
| Admin fee / account holder | $32 | $525-94.0% | $9,243-99.7% | $479-93.4% |