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 COMPANY1+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $18,111 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $36,065 | $50,464-28.5% | $75,781-52.4% | $52,331-31.1% |
| Participation rate | 58.4% | 66.8%-8.4pp | 75.8%-17.4pp | 68.1%-9.7pp |
| Annual return | -0.22% | 1.03%-1.2pp | 9.68%-9.9pp | 4.54%-4.8pp |
| Employer contribution / active EE | $4,504 | $1,988+126.5% | $3,323+35.5% | $1,882+139.4% |
| Participant deferral / active EE | $2,982 | $2,570+16.0% | $3,651-18.3% | $3,022-1.3% |
| Admin fee / account holder | $71 | $1,103-93.5% | $5,299-98.7% | $592-87.9% |