Filed September 9, 2021
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 |
|---|---|---|
LPL FINANCIAL4+ years Filed as: LPL FINANCIAL LLC Service code 27 | Advisory (Plan) | $46,363 |
Filed as: MASSMUTUAL RETIREMENT SERVICES,LLC Service code 15 · EIN 26-1589907 | Recordkeeping | $1,040 |
LPL FINANCIAL5+ years Filed as: LPL FINANCIAL CORPORATION Service code 27 · EIN 95-2834236 | Advisory (Plan) | $0 |
Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC Service code 15 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $46,481 | $31,679+46.7% | $74,701-37.8% | $65,185-28.7% |
| Participation rate | 68.1% | 40.4%+27.8pp | 54.5%+13.7pp | 70.2%-2.1pp |
| Annual return | 29.80% | 39.04%-9.2pp | 752.92%-723.1pp | 29.38%+0.4pp |
| Employer contribution / active EE | $1,094 | $566+93.2% | $1,084+0.9% | $2,177-49.8% |
| Participant deferral / active EE | $2,838 | $1,191+138.3% | $1,964+44.5% | $3,514-19.2% |
| Admin fee / account holder | $4 | $379-98.9% | $3,333-99.9% | $847-99.5% |