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: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 62 · EIN 04-1590850 | Recordkeeping fees; Float revenue | $12,498 |
Filed as: EMPOWER Service code 64 · EIN 84-0467907 | Recordkeeping Fees | $3,429 |
FOLEY BENEFITS GROUP8+ years Service code 13 · EIN 31-1634880 | Contract Administrator | $2,487 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $52,357 | $63,442-17.5% | $68,791-23.9% | $66,914-21.8% |
| Participation rate | 48.3% | 60.0%-11.7pp | 69.0%-20.8pp | 69.8%-21.6pp |
| Annual return | -11.27% | -8.29%-3.0pp | -6.38%-4.9pp | 1.58%-12.8pp |
| Employer contribution / active EE | $952 | $1,775-46.4% | $2,655-64.2% | $2,544-62.6% |
| Participant deferral / active EE | $1,656 | $2,945-43.8% | $3,941-58.0% | $4,237-60.9% |
| Admin fee / account holder | $0 | $577-100.0% | $4,932-100.0% | $593-100.0% |