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 | $4,782 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $22,638 | $55,453-59.2% | $170,442-86.7% | $62,292-63.7% |
| Participation rate | 59.1% | 66.4%-7.2pp | 83.6%-24.5pp | 69.5%-10.4pp |
| Annual return | 12.71% | 21.38%-8.7pp | 205.93%-193.2pp | 28.90%-16.2pp |
| Employer contribution / active EE | $1,042 | $2,164-51.8% | $5,433-80.8% | $2,042-49.0% |
| Participant deferral / active EE | $2,273 | $2,303-1.3% | $4,939-54.0% | $3,169-28.3% |
| Admin fee / account holder | $28 | $455-93.7% | $13,880-99.8% | $479-94.1% |