Filed January 22, 2025 (most recent of 4 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 INS Service code 49 · EIN 04-1590850 | Other Services | $149,968 |
CBIZ RETIREMENT PLAN SERVICES5+ years Filed as: CBIZ FINANCIAL SOLUTIONS, INC. Service code 27 · EIN 52-1396995 | Advisory (Plan) | $92,152 |
CBIZ RETIREMENT PLAN SERVICES4+ years Service code 13 · EIN 31-1582098 | Contract Administrator | $12,871 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $81,014 | $88,515-8.5% | $162,163-50.0% | $67,579+19.9% |
| Participation rate | 99.7% | 86.8%+12.9pp | 87.6%+12.1pp | 71.3%+28.4pp |
| Annual return | 22.71% | 27.04%-4.3pp | 115.59%-92.9pp | 378.56%-355.9pp |
| Employer contribution / active EE | $4,696 | $3,563+31.8% | $5,614-16.3% | $2,148+118.7% |
| Participant deferral / active EE | $4,839 | $5,724-15.5% | $7,298-33.7% | $3,539+36.7% |
| Admin fee / account holder | $397 | $124+220.8% | $10,843-96.3% | $142+178.8% |