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 |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $11,592 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $83,199 | $31,424+164.8% | $81,478+2.1% | $69,631+19.5% |
| Participation rate | 48.4% | 50.8%-2.4pp | 68.0%-19.5pp | 70.7%-22.3pp |
| Annual return | 16.17% | 22.44%-6.3pp | 38.78%-22.6pp | 27571.02%-27554.8pp |
| Employer contribution / active EE | $0 | $1,029-100.0% | $2,568-100.0% | $2,032-100.0% |
| Participant deferral / active EE | $3,705 | $1,838+101.5% | $3,537+4.7% | $3,224+14.9% |
| Admin fee / account holder | $48 | $103-53.7% | $4,561-99.0% | $110-57.0% |