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: MASSMUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $6,162 |
Filed as: MASS MUTUAL LIFE INSURANCE Service code 27 | Advisory (Plan) | $0 |
Filed as: MESIROW FINANCIAL INVESTMENT Service code 49 · EIN 36-3429599 | Other Services | $0 |
Filed as: MML INSURANCE AGENCY, LLC Service code 22 · EIN 04-3109325 | Insurance Broker | $0 |
MY BENEFITS, LLC2 years Service code 13 · EIN 45-2098380 5352 PEACHTREE ROAD · ATLANTA, GA 30341 | Contract Administrator | $0 |
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.
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 | $19,635 | $91,111-78.4% | $84,015-76.6% | - |
| Participation rate | 23.2% | 59.1%-35.8pp | 69.0%-45.8pp | - |
| Annual return | 19.53% | 12.53%+7.0pp | 71.31%-51.8pp | - |
| Employer contribution / active EE | $0 | $769-100.0% | $1,983-100.0% | - |
| Participant deferral / active EE | $1,988 | $2,182-8.9% | $3,239-38.6% | - |
| Admin fee / account holder | $150 | $22,833-99.3% | $6,101-97.5% | - |