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 8-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 | $3,617 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $25,177 | $40,522-37.9% | $84,611-70.2% | $67,579-62.7% |
| Participation rate | 44.4% | 51.1%-6.7pp | 68.2%-23.8pp | 71.3%-26.9pp |
| Annual return | 19.46% | 32.72%-13.3pp | 258.74%-239.3pp | 378.56%-359.1pp |
| Employer contribution / active EE | $0 | $1,146-100.0% | $2,652-100.0% | $2,148-100.0% |
| Participant deferral / active EE | $1,030 | $2,132-51.7% | $3,899-73.6% | $3,539-70.9% |
| Admin fee / account holder | $22 | $145-84.5% | $4,912-99.5% | $142-84.2% |