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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $4,395 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,790 | $81,208-68.2% | $98,916-73.9% | $79,858-67.7% |
| Participation rate | 89.4% | 72.5%+16.9pp | 76.0%+13.3pp | 69.6%+19.7pp |
| Annual return | 15.74% | 60.99%-45.3pp | 196.45%-180.7pp | 31.72%-16.0pp |
| Employer contribution / active EE | $1,420 | $1,960-27.5% | $2,689-47.2% | $2,471-42.5% |
| Participant deferral / active EE | $1,879 | $3,265-42.4% | $4,245-55.7% | $3,740-49.8% |
| Admin fee / account holder | $42 | $6,013-99.3% | $6,642-99.4% | $5,306-99.2% |