Filed September 21, 2018 (most recent of 4 filings on file)
Total covered: 6 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 |
|---|---|---|
Service code 17 2 EXECUTIVE PARK DR STE 100 · BEDFORD, NH 03110 | Pension Consulting | $500 |
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $112 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $18,990 | $52,884-64.1% | $84,750-77.6% | $55,167-65.6% |
| Participation rate | 54.1% | 67.5%-13.4pp | 76.6%-22.5pp | 69.0%-14.9pp |
| Annual return | 5.23% | 18.03%-12.8pp | 22.78%-17.5pp | 169.23%-164.0pp |
| Employer contribution / active EE | $1,444 | $2,233-35.4% | $3,574-59.6% | $1,963-26.4% |
| Participant deferral / active EE | $1,838 | $2,644-30.5% | $3,712-50.5% | $3,054-39.8% |
| Admin fee / account holder | $6 | $581-99.0% | $5,332-99.9% | $504-98.8% |