Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 7-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $12,645 |
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).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,592 | $52,293-60.6% | $178,499-88.5% | $73,412-72.0% |
| Participation rate | 60.2% | 65.3%-5.1pp | 81.9%-21.7pp | 72.2%-12.0pp |
| Annual return | 22.54% | 34.75%-12.2pp | 151.10%-128.6pp | 59.30%-36.8pp |
| Employer contribution / active EE | $1,414 | $1,735-18.5% | $5,011-71.8% | $2,234-36.7% |
| Participant deferral / active EE | $2,442 | $2,332+4.7% | $5,202-53.1% | $3,806-35.8% |
| Admin fee / account holder | $38 | $127-70.4% | $13,986-99.7% | $158-76.1% |