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: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $1,362 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $32,700 | $46,297-29.4% | $71,671-54.4% | $62,292-47.5% |
| Participation rate | 55.1% | 60.6%-5.5pp | 68.7%-13.6pp | 69.5%-14.4pp |
| Annual return | 11.73% | 22.32%-10.6pp | 20.65%-8.9pp | 28.90%-17.2pp |
| Employer contribution / active EE | $149 | $1,412-89.5% | $2,460-94.0% | $2,042-92.7% |
| Participant deferral / active EE | $1,330 | $2,235-40.5% | $3,438-61.3% | $3,169-58.0% |
| Admin fee / account holder | $18 | $461-96.1% | $5,558-99.7% | $479-96.3% |