Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $11,249 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $454 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,026 | $33,745-52.5% | $64,105-75.0% | $55,191-71.0% |
| Participation rate | 74.8% | 59.4%+15.4pp | 68.2%+6.6pp | 69.2%+5.6pp |
| Annual return | 1.17% | 4.95%-3.8pp | 791.24%-790.1pp | 10.78%-9.6pp |
| Employer contribution / active EE | $0 | $641-100.0% | $1,820-100.0% | $1,899-100.0% |
| Participant deferral / active EE | $1,798 | $1,929-6.8% | $2,822-36.3% | $3,046-41.0% |
| Admin fee / account holder | $44 | $94-53.6% | $4,499-99.0% | $91-51.7% |