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 |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $36,202 |
COMMONWEALTH FINANCIAL NETWORK3+ years Filed as: COMMONWEALTH Service code 26 · EIN 04-2675571 | Advisory (Participants) | $11,079 |
SUMMIT FINANCIAL CORPORATION2 years Service code 13 | Contract Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $21,575 | $44,989-52.0% | $170,442-87.3% | $77,958-72.3% |
| Participation rate | 31.1% | 64.6%-33.5pp | 83.6%-52.5pp | 71.6%-40.6pp |
| Annual return | 18.87% | 19.61%-0.7pp | 205.93%-187.1pp | 20.87%-2.0pp |
| Employer contribution / active EE | $188 | $1,466-87.2% | $5,433-96.5% | $2,310-91.9% |
| Participant deferral / active EE | $940 | $2,208-57.4% | $4,939-81.0% | $3,537-73.4% |
| Admin fee / account holder | $64 | $69-7.6% | $13,880-99.5% | $97-34.6% |