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 COMPANY8+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $5,740 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,008 | $72,254-48.8% | $86,677-57.3% | $64,808-42.9% |
| Participation rate | 60.0% | 80.4%-20.4pp | 76.6%-16.6pp | 71.5%-11.5pp |
| Annual return | -11.40% | 392.42%-403.8pp | 35.91%-47.3pp | 32.82%-44.2pp |
| Employer contribution / active EE | $541 | $2,393-77.4% | $2,836-80.9% | $2,506-78.4% |
| Participant deferral / active EE | $3,112 | $4,658-33.2% | $4,656-33.1% | $4,310-27.8% |
| Admin fee / account holder | $26 | $174-84.8% | $7,493-99.6% | $188-85.9% |