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 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 COMPANY4+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $31,519 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $28,450 | $57,606-50.6% | $67,313-57.7% | $75,289-62.2% |
| Participation rate | 48.4% | 68.2%-19.8pp | 69.1%-20.7pp | 72.4%-24.0pp |
| Annual return | -4.47% | -0.47%-4.0pp | -4.08%-0.4pp | -0.04%-4.4pp |
| Employer contribution / active EE | $504 | $2,206-77.2% | $2,566-80.4% | $2,405-79.1% |
| Participant deferral / active EE | $1,878 | $3,195-41.2% | $3,568-47.4% | $3,739-49.8% |
| Admin fee / account holder | $43 | $83-47.6% | $4,507-99.0% | $102-57.6% |