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 | $5,643 |
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 | $16,642 | $46,745-64.4% | $60,547-72.5% | $52,331-68.2% |
| Participation rate | 40.4% | 58.6%-18.2pp | 68.0%-27.6pp | 68.1%-27.7pp |
| Annual return | -0.60% | 0.61%-1.2pp | 335.64%-336.2pp | 4.54%-5.1pp |
| Employer contribution / active EE | $383 | $1,259-69.6% | $2,419-84.2% | $1,882-79.7% |
| Participant deferral / active EE | $957 | $2,145-55.4% | $3,328-71.2% | $3,022-68.3% |
| Admin fee / account holder | $69 | $537-87.2% | $4,536-98.5% | $592-88.4% |