Filed July 9, 2009 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 |
|---|---|---|
COMMONWEALTH FINANCIAL NETWORK1+ years Filed as: COMMONWEALTH Service code 53 · EIN 04-2865307 | Insurance Commissions | $37,105 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $24,408 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $18,206 | $37,039-50.8% | $147,614-87.7% | $59,188-69.2% |
| Participation rate | 34.8% | 63.8%-29.0pp | 84.6%-49.8pp | 69.4%-34.6pp |
| Annual return | -2.38% | 7.19%-9.6pp | 61.98%-64.4pp | 5.51%-7.9pp |
| Employer contribution / active EE | $240 | $1,353-82.3% | $5,564-95.7% | $2,098-88.6% |
| Participant deferral / active EE | $1,052 | $2,094-49.8% | $4,895-78.5% | $3,265-67.8% |
| Admin fee / account holder | $47 | $60-22.1% | $11,611-99.6% | $92-49.1% |