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 | $2,569 |
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 | $42,175 | $59,186-28.7% | $76,768-45.1% | $56,287-25.1% |
| Participation rate | 59.1% | 75.2%-16.1pp | 77.0%-17.8pp | 69.9%-10.7pp |
| Annual return | -5.89% | 6.62%-12.5pp | 2.43%-8.3pp | -9.96%+4.1pp |
| Employer contribution / active EE | $575 | $1,759-67.3% | $2,485-76.9% | $2,111-72.7% |
| Participant deferral / active EE | $2,559 | $3,255-21.4% | $3,852-33.6% | $3,350-23.6% |
| Admin fee / account holder | $21 | $489-95.8% | $6,675-99.7% | $521-96.1% |