Filed January 23, 2023
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 15 · EIN 04-1590850 | Recordkeeping | $337 |
RELIANCE TRUST COMPANY4+ years Service code 15 | Recordkeeping | $220 |
RELIANCE TRUST COMPANY1 year Filed as: RELIANCE TRUST Service code 19 · EIN 58-1428634 | Securities Custodian | $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 | $34,805 | $47,977-27.5% | $154,107-77.4% | $56,287-38.2% |
| Participation rate | 65.2% | 66.2%-0.9pp | 83.0%-17.8pp | 69.9%-4.6pp |
| Annual return | -5.20% | 3.54%-8.7pp | 735.12%-740.3pp | -9.96%+4.8pp |
| Employer contribution / active EE | $626 | $2,169-71.1% | $5,298-88.2% | $2,111-70.3% |
| Participant deferral / active EE | $2,985 | $2,392+24.8% | $5,081-41.2% | $3,350-10.9% |
| Admin fee / account holder | $2 | $438-99.5% | $13,411-100.0% | $521-99.6% |