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 9-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 |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $41,976 |
Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 50 · EIN 13-5674085 | Direct Payment | $32,340 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $73,571 | $65,376+12.5% | $87,100-15.5% | $65,185+12.9% |
| Participation rate | 51.2% | 75.3%-24.1pp | 76.9%-25.6pp | 70.2%-19.0pp |
| Annual return | 26.57% | 31.27%-4.7pp | 28.19%-1.6pp | 29.38%-2.8pp |
| Employer contribution / active EE | $347 | $1,822-81.0% | $2,521-86.2% | $2,177-84.1% |
| Participant deferral / active EE | $2,503 | $3,388-26.1% | $4,049-38.2% | $3,514-28.8% |
| Admin fee / account holder | $736 | $520+41.6% | $7,497-90.2% | $847-13.1% |