Filed October 2, 2020
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: MML INVESTOR SERVICES LLC Service code 27 · EIN 04-1590850 | Advisory (Plan) | $27,058 |
Service code 37 · EIN 04-2647786 | Loan Processing | $24,802 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $65,467 | $101,317-35.4% | $146,958-55.5% | $74,495-12.1% |
| Participation rate | 63.4% | 75.5%-12.1pp | 82.2%-18.7pp | 67.2%-3.8pp |
| Annual return | 15.12% | 8730.91%-8715.8pp | 418.34%-403.2pp | 1364.94%-1349.8pp |
| Employer contribution / active EE | $1,376 | $3,810-63.9% | $4,933-72.1% | $2,623-47.5% |
| Participant deferral / active EE | $4,260 | $7,303-41.7% | $8,070-47.2% | $4,346-2.0% |
| Admin fee / account holder | $284 | $1,739-83.7% | $12,998-97.8% | $1,942-85.4% |