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 COMPANY8+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $10,770 |
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 | $30,648 | $44,764-31.5% | $68,791-55.4% | $64,808-52.7% |
| Participation rate | 33.3% | 64.8%-31.4pp | 69.0%-35.7pp | 71.5%-38.1pp |
| Annual return | -15.97% | -10.91%-5.1pp | -6.38%-9.6pp | 32.82%-48.8pp |
| Employer contribution / active EE | $485 | $1,775-72.7% | $2,655-81.7% | $2,506-80.7% |
| Participant deferral / active EE | $1,629 | $3,238-49.7% | $3,941-58.7% | $4,310-62.2% |
| Admin fee / account holder | $64 | $151-57.9% | $4,932-98.7% | $188-66.1% |