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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $134 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $170,534 | $56,438+202.2% | $76,902+121.8% | $71,529+138.4% |
| Participation rate | 87.1% | 64.3%+22.8pp | 69.6%+17.5pp | 67.9%+19.2pp |
| Annual return | 18.55% | 19.05%-0.5pp | 37.91%-19.4pp | 28.97%-10.4pp |
| Employer contribution / active EE | $5,694 | $1,864+205.6% | $2,534+124.7% | $2,590+119.9% |
| Participant deferral / active EE | $7,941 | $3,136+153.2% | $3,833+107.2% | $4,291+85.0% |
| Admin fee / account holder | $1 | $1,430-100.0% | $5,479-100.0% | $1,588-100.0% |