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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $3,654 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $94,397 | $59,328+59.1% | $118,946-20.6% | $73,493+28.4% |
| Participation rate | 96.6% | 62.3%+34.3pp | 75.4%+21.2pp | 70.7%+25.9pp |
| Annual return | 14.28% | 19.13%-4.8pp | 35.89%-21.6pp | 28.51%-14.2pp |
| Employer contribution / active EE | $2,939 | $1,803+63.0% | $3,263-9.9% | $2,270+29.5% |
| Participant deferral / active EE | $2,641 | $2,604+1.4% | $4,266-38.1% | $3,740-29.4% |
| Admin fee / account holder | $14 | $600-97.7% | $6,581-99.8% | $513-97.4% |