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 | $46,213 |
MERRIL LYNCH1 year Filed as: MERRIL LYNCH PIERCE FENNER SMITH IN Service code 50 · EIN 13-5674085 | Direct Payment | $35,015 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $75,837 | $73,638+3.0% | $95,952-21.0% | $73,488+3.2% |
| Participation rate | 56.3% | 76.2%-19.9pp | 77.1%-20.8pp | 70.7%-14.4pp |
| Annual return | 17.17% | 16.78%+0.4pp | 91.61%-74.4pp | 28.51%-11.3pp |
| Employer contribution / active EE | $747 | $1,863-59.9% | $2,541-70.6% | $2,270-67.1% |
| Participant deferral / active EE | $2,778 | $3,617-23.2% | $4,167-33.3% | $3,740-25.7% |
| Admin fee / account holder | $713 | $482+47.8% | $6,795-89.5% | $513+38.9% |