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 | $5,774 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $51,327 | $56,629-9.4% | $77,999-34.2% | $55,167-7.0% |
| Participation rate | 48.1% | 73.3%-25.2pp | 75.5%-27.4pp | 69.0%-20.9pp |
| Annual return | 5.58% | 2866.98%-2861.4pp | 425.96%-420.4pp | 169.23%-163.6pp |
| Employer contribution / active EE | $191 | $1,723-88.9% | $2,470-92.3% | $1,963-90.3% |
| Participant deferral / active EE | $1,518 | $2,777-45.4% | $3,497-56.6% | $3,054-50.3% |
| Admin fee / account holder | $71 | $467-84.7% | $5,480-98.7% | $504-85.9% |