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 |
|---|---|---|
PLANNING CORP OF AMERICA2+ years Service code 15 · EIN 59-1199408 | Recordkeeping | $7,072 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $36 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $24,959 | $46,297-46.1% | $71,671-65.2% | $62,292-59.9% |
| Participation rate | 55.1% | 60.6%-5.5pp | 68.7%-13.6pp | 69.5%-14.4pp |
| Annual return | 16.09% | 22.32%-6.2pp | 20.65%-4.6pp | 28.90%-12.8pp |
| Employer contribution / active EE | $725 | $1,412-48.7% | $2,460-70.5% | $2,042-64.5% |
| Participant deferral / active EE | $1,341 | $2,235-40.0% | $3,438-61.0% | $3,169-57.7% |
| Admin fee / account holder | $19 | $461-95.8% | $5,558-99.7% | $479-96.0% |