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 COMPANY5+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $3,227 |
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,148 | $34,677-13.1% | $77,024-60.9% | $64,808-53.5% |
| Participation rate | 44.6% | 49.8%-5.2pp | 67.9%-23.3pp | 71.5%-26.8pp |
| Annual return | -14.81% | -5.33%-9.5pp | 42.32%-57.1pp | 32.82%-47.6pp |
| Employer contribution / active EE | $0 | $1,370-100.0% | $2,812-100.0% | $2,506-100.0% |
| Participant deferral / active EE | $1,244 | $2,556-51.3% | $4,426-71.9% | $4,310-71.1% |
| Admin fee / account holder | $18 | $179-89.7% | $5,425-99.7% | $188-90.2% |