Filed January 23, 2023 (most recent of 2 filings on file)
Total covered: 2 employees
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: PUTNAM INVESTMENTS Service code 15 ONE POST OFFICE SQUARE · BOSTON, MA 02109 | Recordkeeping | $36,759 |
Filed as: MASSACHUSETTS MUTUAL LIFE INS COMP Service code 27 DBA MML INVESTORS · CINCINNATI, OH 452771115 | Advisory (Plan) | $29,451 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $55,225 | $92,897-40.6% | $90,782-39.2% | $56,287-1.9% |
| Participation rate | 100.0% | 80.7%+19.3pp | 82.7%+17.3pp | 69.9%+30.1pp |
| Annual return | -6.64% | -2.59%-4.0pp | -3.42%-3.2pp | -9.96%+3.3pp |
| Employer contribution / active EE | $0 | $3,871-100.0% | $4,105-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $3,287 | $5,551-40.8% | $5,366-38.7% | $3,350-1.9% |
| Admin fee / account holder | $181 | $440-58.9% | $5,908-96.9% | $521-65.2% |