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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.
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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 COMPANY3+ years Filed as: MINNESOTA LIFE INSURANCE Service code 13 · EIN 41-0417830 | Contract Administrator | $35,060 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,491 | $65,061-31.6% | $143,757-69.1% | $66,914-33.5% |
| Participation rate | 43.5% | 65.2%-21.7pp | 80.3%-36.8pp | 69.8%-26.3pp |
| Annual return | -17.87% | -11.14%-6.7pp | -0.04%-17.8pp | 1.58%-19.4pp |
| Employer contribution / active EE | $859 | $2,361-63.6% | $4,951-82.7% | $2,544-66.2% |
| Participant deferral / active EE | $1,707 | $2,919-41.5% | $5,637-69.7% | $4,237-59.7% |
| Admin fee / account holder | $242 | $502-51.7% | $14,673-98.3% | $593-59.2% |