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 CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $1,411 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $48,779 | $43,723+11.6% | $121,196-59.8% | $64,186-24.0% |
| Participation rate | 67.1% | 58.3%+8.8pp | 71.7%-4.6pp | 69.6%-2.5pp |
| Annual return | -7.90% | 68.91%-76.8pp | 16.93%-24.8pp | 7.63%-15.5pp |
| Employer contribution / active EE | $1,536 | $1,296+18.5% | $4,022-61.8% | $2,381-35.5% |
| Participant deferral / active EE | $4,078 | $2,280+78.9% | $3,344+21.9% | $3,470+17.5% |
| Admin fee / account holder | $385 | $3,501-89.0% | $5,019-92.3% | $4,888-92.1% |