Filed May 1, 2024 (most recent of 2 filings on file)
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 |
|---|---|---|
Service code 27 · EIN 71-0927307 | Advisory (Plan) | $31,323 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $22,499 |
FOLEY BENEFITS GROUP3+ years Service code 13 · EIN 31-1634880 | Contract Administrator | $4,661 |
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 | $81,828 | $63,299+29.3% | $91,001-10.1% | $62,292+31.4% |
| Participation rate | 81.9% | 73.3%+8.6pp | 75.6%+6.3pp | 69.5%+12.4pp |
| Annual return | 13.90% | 20.99%-7.1pp | 4.60%+9.3pp | 28.90%-15.0pp |
| Employer contribution / active EE | $2,542 | $1,807+40.7% | $2,456+3.5% | $2,042+24.5% |
| Participant deferral / active EE | $3,938 | $2,943+33.8% | $3,547+11.0% | $3,169+24.3% |
| Admin fee / account holder | $0 | $468-100.0% | $5,417-100.0% | $479-100.0% |