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 COMPANY6+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $9,679 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,707 | $73,638-24.4% | $95,952-41.9% | $73,488-24.2% |
| Participation rate | 41.3% | 76.2%-34.9pp | 77.1%-35.8pp | 70.7%-29.4pp |
| Annual return | 11.68% | 16.78%-5.1pp | 91.61%-79.9pp | 28.51%-16.8pp |
| Employer contribution / active EE | $781 | $1,863-58.1% | $2,541-69.3% | $2,270-65.6% |
| Participant deferral / active EE | $2,117 | $3,617-41.5% | $4,167-49.2% | $3,740-43.4% |
| Admin fee / account holder | $81 | $482-83.1% | $6,795-98.8% | $513-84.1% |