See peer percentile detail with Solo.
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.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $13,736 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $93,233 | $47,922+94.6% | $75,886+22.9% | $65,185+43.0% |
| Participation rate | 37.2% | 63.0%-25.8pp | 69.3%-32.1pp | 70.2%-33.0pp |
| Annual return | 24.49% | 24.12%+0.4pp | 30.76%-6.3pp | 29.38%-4.9pp |
| Employer contribution / active EE | $361 | $1,557-76.8% | $2,500-85.6% | $2,177-83.4% |
| Participant deferral / active EE | $2,880 | $2,550+12.9% | $3,603-20.1% | $3,514-18.0% |
| Admin fee / account holder | $149 | $532-71.9% | $5,418-97.2% | $847-82.4% |