Filed June 28, 1996
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 6-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 COMPANY5+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $2,405 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $54,868 | $58,264-5.8% | $86,612-36.7% | $71,457-23.2% |
| Participation rate | 67.7% | 65.0%+2.7pp | 71.7%-4.0pp | 67.9%-0.2pp |
| Annual return | 13.17% | 21.63%-8.5pp | 591.07%-577.9pp | 28.85%-15.7pp |
| Employer contribution / active EE | $1,624 | $2,574-36.9% | $3,022-46.3% | $2,588-37.2% |
| Participant deferral / active EE | $3,635 | $3,436+5.8% | $4,438-18.1% | $4,289-15.2% |
| Admin fee / account holder | $15 | $1,057-98.6% | $5,614-99.7% | $1,587-99.1% |