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 COMPANY10+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $77,465 |
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 | $61,166 | $91,762-33.3% | $67,502-9.4% | $77,643-21.2% |
| Participation rate | 57.5% | 75.9%-18.4pp | 72.9%-15.3pp | 70.6%-13.0pp |
| Annual return | 14.08% | 14.87%-0.8pp | 3512.12%-3498.0pp | 31.24%-17.2pp |
| Employer contribution / active EE | $1,036 | $3,181-67.4% | $2,731-62.1% | $2,726-62.0% |
| Participant deferral / active EE | $2,008 | $3,903-48.6% | $4,000-49.8% | $4,647-56.8% |
| Admin fee / account holder | $14 | $176-92.0% | $3,998-99.6% | $430-96.7% |