See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $5,570 |
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.
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 | $52,133 | $79,124-34.1% | $60,874-14.4% | $64,808-19.6% |
| Participation rate | 68.1% | 77.7%-9.6pp | 73.1%-5.0pp | 71.5%-3.4pp |
| Annual return | -16.97% | -7.13%-9.8pp | 16.90%-33.9pp | 32.82%-49.8pp |
| Employer contribution / active EE | $1,268 | $3,050-58.4% | $2,701-53.1% | $2,506-49.4% |
| Participant deferral / active EE | $2,708 | $3,725-27.3% | $3,817-29.0% | $4,310-37.2% |
| Admin fee / account holder | $20 | $106-81.4% | $3,224-99.4% | $188-89.6% |