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 FINANCIAL6+ years Filed as: LPL FINANCIAL LLC Service code 27 | Advisory (Plan) | $60,146 |
Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC Service code 15 · EIN 04-3158862 | Recordkeeping | $500 |
LPL FINANCIAL7+ years Filed as: LPL FINANCIAL CORPORATION Service code 27 · EIN 95-2834236 | Advisory (Plan) | $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 | $62,016 | $39,286+57.9% | $80,716-23.2% | $79,386-21.9% |
| Participation rate | 62.8% | 41.0%+21.8pp | 54.2%+8.6pp | 70.7%-7.9pp |
| Annual return | 13.99% | 98.95%-85.0pp | 87.28%-73.3pp | 116.85%-102.9pp |
| Employer contribution / active EE | $1,118 | $594+88.3% | $1,160-3.6% | $2,427-53.9% |
| Participant deferral / active EE | $2,994 | $1,264+136.9% | $2,146+39.5% | $4,046-26.0% |
| Admin fee / account holder | $2 | $647-99.7% | $3,380-99.9% | $626-99.7% |