See peer percentile detail. $4.99 for your first month.
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See the 10-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 COMPANY3+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $26,627 |
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 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 | $29,801 | $65,292-54.4% | $71,671-58.4% | $77,958-61.8% |
| Participation rate | 46.3% | 67.4%-21.1pp | 68.7%-22.5pp | 71.6%-25.4pp |
| Annual return | 14.79% | 21.25%-6.5pp | 20.65%-5.9pp | 20.87%-6.1pp |
| Employer contribution / active EE | $489 | $2,085-76.5% | $2,460-80.1% | $2,310-78.8% |
| Participant deferral / active EE | $1,711 | $3,008-43.1% | $3,438-50.2% | $3,537-51.6% |
| Admin fee / account holder | $39 | $84-54.3% | $5,558-99.3% | $97-60.4% |