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 COMPANY7+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $7,720 |
Service code 10 · EIN 77-0573994 | Accounting | $7,290 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,365 | $105,181-35.0% | $159,436-57.1% | $85,850-20.4% |
| Participation rate | 32.2% | 75.8%-43.6pp | 82.8%-50.6pp | 69.3%-37.1pp |
| Annual return | 13.00% | 45.07%-32.1pp | 263.57%-250.6pp | 318.53%-305.5pp |
| Employer contribution / active EE | $5,732 | $3,318+72.7% | $4,829+18.7% | $2,565+123.5% |
| Participant deferral / active EE | $2,111 | $5,945-64.5% | $7,352-71.3% | $3,952-46.6% |
| Admin fee / account holder | $116 | $6,933-98.3% | $10,799-98.9% | $6,260-98.1% |