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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $6,166 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,192 | $84,936-56.2% | $111,308-66.6% | $79,391-53.2% |
| Participation rate | 93.8% | 75.9%+17.9pp | 77.3%+16.5pp | 70.7%+23.1pp |
| Annual return | 18.33% | 17.45%+0.9pp | 54.67%-36.3pp | 116.88%-98.5pp |
| Employer contribution / active EE | $1,923 | $1,979-2.9% | $2,732-29.6% | $2,428-20.8% |
| Participant deferral / active EE | $3,989 | $3,888+2.6% | $4,487-11.1% | $4,046-1.4% |
| Admin fee / account holder | $21 | $537-96.1% | $7,965-99.7% | $627-96.6% |