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 | $2,508 |
Service code 28 · EIN 61-1732930 | Investment Management | $0 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $26,882 | $42,396-36.6% | $67,313-60.1% | $56,287-52.2% |
| Participation rate | 49.2% | 61.0%-11.8pp | 69.1%-19.9pp | 69.9%-20.7pp |
| Annual return | -4.08% | -36.63%+32.6pp | -4.08%0pp | -9.96%+5.9pp |
| Employer contribution / active EE | $97 | $1,414-93.2% | $2,566-96.2% | $2,111-95.4% |
| Participant deferral / active EE | $1,418 | $2,360-39.9% | $3,568-60.3% | $3,350-57.7% |
| Admin fee / account holder | $26 | $510-95.0% | $4,507-99.4% | $521-95.1% |