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 | $2,944 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $20,464 | $46,297-55.8% | $71,671-71.4% | $62,292-67.1% |
| Participation rate | 35.7% | 60.6%-24.9pp | 68.7%-33.0pp | 69.5%-33.8pp |
| Annual return | 20.10% | 22.32%-2.2pp | 20.65%-0.5pp | 28.90%-8.8pp |
| Employer contribution / active EE | $370 | $1,412-73.8% | $2,460-85.0% | $2,042-81.9% |
| Participant deferral / active EE | $1,003 | $2,235-55.1% | $3,438-70.8% | $3,169-68.4% |
| Admin fee / account holder | $29 | $461-93.6% | $5,558-99.5% | $479-93.9% |