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 |
|---|---|---|
SECURIAN FINANCIAL SERVICES INC2+ years Filed as: SECURIAN FINANCIAL SERVICES Service code 12 · EIN 41-0417830 400 ROBERT STREET NORTH · ST. PAUL, MN 55101 | Claims processing; Consulting (pensio... | $9,084 |
Service code 13 · EIN 68-0005489 1320 HARBOR BAY PARKWAY · ALAMEDA, CA 94502 | Contract Administrator | $812 |
MINNESOTA LIFE INSURANCE COMPANY2+ years Filed as: MINNESOTA MUTAL LIFE INS. COMPANY Service code 12 · EIN 41-0417830 P.O. BOX 64114 · ST. PAUL, MN 55164 | Claims processing; Recordkeeping and ... | $50 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $27,647 | $36,767-24.8% | $81,478-66.1% | $62,292-55.6% |
| Participation rate | 42.9% | 54.4%-11.6pp | 68.0%-25.1pp | 69.5%-26.7pp |
| Annual return | 9.16% | 173.80%-164.6pp | 38.78%-29.6pp | 28.90%-19.7pp |
| Employer contribution / active EE | $519 | $1,128-54.0% | $2,568-79.8% | $2,042-74.6% |
| Participant deferral / active EE | $586 | $2,111-72.2% | $3,537-83.4% | $3,169-81.5% |
| Admin fee / account holder | $12 | $797-98.5% | $4,561-99.7% | $479-97.5% |