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 | $3,770 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $58,710 | $56,277+4.3% | $80,975-27.5% | $62,891-6.6% |
| Participation rate | 68.0% | 69.0%-1.0pp | 75.8%-7.8pp | 69.3%-1.3pp |
| Annual return | 7.27% | 22.12%-14.9pp | 17.10%-9.8pp | 20.14%-12.9pp |
| Employer contribution / active EE | $0 | $1,943-100.0% | $3,714-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $2,371 | $4,195-43.5% | $5,696-58.4% | $3,203-26.0% |
| Admin fee / account holder | $45 | $3,741-98.8% | $5,516-99.2% | $4,296-99.0% |