Filed July 9, 2018
Total covered: 4 employees
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: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850 | Other Services | $58,349 |
HAZARD & SIEGEL INC3 years Filed as: HAZARD & SIEGEL INC. Service code 27 · EIN 16-0954584 | Advisory (Plan) | $54,832 |
THE RETIREMENT ADVANTAGE INC6+ years Filed as: THE RETIREMENT ADVANTAGE, INC. Service code 13 · EIN 39-1816008 47 PARK PLACE · APPLETON, WI 549148233 | Contract Administrator | $5,614 |
Participant 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 | $70,676 | $136,307-48.1% | $177,821-60.3% | $73,488-3.8% |
| Participation rate | 82.2% | 86.1%-3.9pp | 87.7%-5.5pp | 70.7%+11.5pp |
| Annual return | 13.49% | 18.68%-5.2pp | 48.32%-34.8pp | 28.51%-15.0pp |
| Employer contribution / active EE | $2,714 | $3,712-26.9% | $5,918-54.1% | $2,270+19.5% |
| Participant deferral / active EE | $3,086 | $5,829-47.1% | $7,714-60.0% | $3,740-17.5% |
| Admin fee / account holder | $348 | $596-41.5% | $12,427-97.2% | $513-32.1% |