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Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INS. CO Service code 15 · EIN 04-1590850 | Recordkeeping | $13,248 |
WALKER BENEFITS, LLC4 years Service code 16 · EIN 55-0486667 | Consulting | $11,478 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,534 | $52,293-81.8% | $178,490-94.7% | $73,409-87.0% |
| Participation rate | 35.1% | 65.3%-30.2pp | 81.9%-46.8pp | 72.2%-37.1pp |
| Annual return | 15.81% | 34.75%-18.9pp | 151.07%-135.3pp | 59.29%-43.5pp |
| Employer contribution / active EE | $348 | $1,735-79.9% | $5,011-93.0% | $2,234-84.4% |
| Participant deferral / active EE | $524 | $2,332-77.5% | $5,202-89.9% | $3,805-86.2% |
| Admin fee / account holder | $53 | $127-58.7% | $13,984-99.6% | $158-66.7% |