Filed October 26, 2016 (most recent of 7 filings on file)
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 |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 62 · EIN 04-1590850 | Float revenue; Recordkeeping fees | $927,283 |
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 | $144,277 | $121,259+19.0% | $162,163-11.0% | $89,569+61.1% |
| Participation rate | 91.3% | 90.0%+1.2pp | 87.6%+3.7pp | 69.6%+21.7pp |
| Annual return | 19.68% | 22.23%-2.5pp | 115.59%-95.9pp | 34.56%-14.9pp |
| Employer contribution / active EE | $3,251 | $4,435-26.7% | $5,614-42.1% | $2,584+25.8% |
| Participant deferral / active EE | $7,193 | $6,620+8.6% | $7,298-1.4% | $4,220+70.4% |
| Admin fee / account holder | $40 | $101-60.8% | $10,843-99.6% | $72-44.8% |