Filed March 23, 2014 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 15 · EIN 04-1590850 | Recordkeeping | $19,265 |
OTHER1 year Service code 99 · EIN 13-2808480 | Other Fees | $15,341 |
Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 27 · EIN 13-5674085 | Advisory (Plan) | $11,354 |
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 | $66,272 | $48,570+36.4% | $130,648-49.3% | $72,985-9.2% |
| Participation rate | 100.0% | 58.6%+41.4pp | 71.7%+28.3pp | 69.5%+30.5pp |
| Annual return | 18.28% | 38.63%-20.3pp | 1708.96%-1690.7pp | 81.00%-62.7pp |
| Employer contribution / active EE | $2,760 | $1,334+106.9% | $4,092-32.5% | $2,440+13.1% |
| Participant deferral / active EE | $5,514 | $2,384+131.3% | $3,603+53.1% | $3,607+52.9% |
| Admin fee / account holder | $353 | $3,549-90.1% | $5,464-93.5% | $5,124-93.1% |