Filed April 13, 2016
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 INS CO Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,219 | $62,723-21.5% | $142,863-65.5% | $86,799-43.3% |
| Participation rate | 66.9% | 62.6%+4.3pp | 71.9%-5.0pp | 72.3%-5.4pp |
| Annual return | 13.20% | 17.62%-4.4pp | 5637.54%-5624.3pp | 97.91%-84.7pp |
| Employer contribution / active EE | $973 | $1,627-40.2% | $4,144-76.5% | $2,405-59.6% |
| Participant deferral / active EE | $1,814 | $3,039-40.3% | $3,837-52.7% | $4,131-56.1% |
| Admin fee / account holder | $423 | $140+203.1% | $6,560-93.6% | $170+149.5% |