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 COMPANY Service code 15 · EIN 04-1590850 | Recordkeeping | $11,669 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $10,022 | $36,916-72.9% | $156,549-93.6% | $57,658-82.6% |
| Participation rate | 53.4% | 63.4%-10.1pp | 84.0%-30.6pp | 70.2%-16.9pp |
| Annual return | 9.21% | 12.38%-3.2pp | 32.23%-23.0pp | 5.13%+4.1pp |
| Employer contribution / active EE | $113 | $1,571-92.8% | $5,501-97.9% | $1,974-94.3% |
| Participant deferral / active EE | $960 | $1,926-50.2% | $4,871-80.3% | $3,061-68.6% |
| Admin fee / account holder | $32 | $82-61.8% | $13,027-99.8% | $95-66.6% |