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 FINANCIAL5+ 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 | $600 |
LPL FINANCIAL6+ 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 | $54,022 | $35,986+50.1% | $77,482-30.3% | $73,488-26.5% |
| Participation rate | 66.3% | 40.8%+25.5pp | 54.2%+12.2pp | 70.7%-4.3pp |
| Annual return | 11.91% | 19.26%-7.3pp | 54.79%-42.9pp | 28.51%-16.6pp |
| Employer contribution / active EE | $528 | $557-5.2% | $986-46.4% | $2,270-76.7% |
| Participant deferral / active EE | $2,754 | $1,198+129.9% | $1,861+48.0% | $3,740-26.4% |
| Admin fee / account holder | $3 | $466-99.4% | $2,858-99.9% | $513-99.5% |