Filed March 8, 2017
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 62 · EIN 04-1590850 | Recordkeeping fees; Float revenue | $202,715 |
Filed as: EMPOWER LIFE & ANNUITY INS. CO. OF Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $168,373 |
Service code 71 | Brokerage Fees | $1,499 |
Filed as: GREAT WEST LIFE & ANNUITY INS. Service code 71 · EIN 84-0467907 | Brokerage Fees | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,860 | $45,000+39.7% | $143,757-56.3% | $77,904-19.3% |
| Participation rate | 90.5% | 66.8%+23.7pp | 80.3%+10.2pp | 73.7%+16.9pp |
| Annual return | -15.63% | 29.03%-44.7pp | -0.04%-15.6pp | 12.21%-27.8pp |
| Employer contribution / active EE | $5,188 | $1,870+177.5% | $4,951+4.8% | $2,848+82.2% |
| Participant deferral / active EE | $5,925 | $3,157+87.7% | $5,637+5.1% | $4,806+23.3% |
| Admin fee / account holder | $64 | $98-35.2% | $14,673-99.6% | $133-51.9% |