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 |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $41,623 |
Service code 27 · EIN 71-0927307 | Advisory (Plan) | $35,746 |
FOLEY BENEFITS GROUP6+ years Service code 13 · EIN 31-1634880 | Contract Administrator | $4,991 |
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 | $93,371 | $70,908+31.7% | $98,907-5.6% | $73,488+27.1% |
| Participation rate | 79.4% | 73.8%+5.6pp | 76.0%+3.3pp | 70.7%+8.7pp |
| Annual return | 12.71% | 34.17%-21.5pp | 196.43%-183.7pp | 28.51%-15.8pp |
| Employer contribution / active EE | $2,521 | $2,036+23.8% | $2,689-6.2% | $2,270+11.1% |
| Participant deferral / active EE | $3,829 | $3,500+9.4% | $4,244-9.8% | $3,740+2.4% |
| Admin fee / account holder | $0 | $535-100.0% | $6,642-100.0% | $513-100.0% |