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 | $54,775 |
Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 28 · EIN 13-5674085 | Investment Management | $20,083 |
THE BENEFIT PRACTICE6+ years Service code 15 · EIN 13-4144565 | Recordkeeping | $6,411 |
Filed as: MESIROW FINANCIAL INVESTMENT Service code 27 · EIN 36-3429599 | Advisory (Plan) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $31,915 | $58,879-45.8% | $178,490-82.1% | $73,488-56.6% |
| Participation rate | 87.7% | 66.2%+21.5pp | 81.9%+5.8pp | 70.7%+17.1pp |
| Annual return | 17.75% | 24.86%-7.1pp | 151.07%-133.3pp | 28.51%-10.8pp |
| Employer contribution / active EE | $9 | $2,236-99.6% | $5,011-99.8% | $2,270-99.6% |
| Participant deferral / active EE | $1,837 | $2,567-28.5% | $5,202-64.7% | $3,740-50.9% |
| Admin fee / account holder | $319 | $400-20.4% | $13,984-97.7% | $513-37.9% |