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 | $149,075 |
CBIZ RETIREMENT PLAN SERVICES6+ years Filed as: CBIZ FINANCIAL SOLUTIONS, INC. Service code 27 · EIN 52-1396995 | Advisory (Plan) | $82,667 |
CBIZ RETIREMENT PLAN SERVICES5+ years Service code 13 · EIN 31-1582098 | Contract Administrator | $14,619 |
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 | $93,615 | $111,608-16.1% | $177,821-47.4% | $73,409+27.5% |
| Participation rate | 99.1% | 87.9%+11.2pp | 87.7%+11.4pp | 72.2%+26.9pp |
| Annual return | 16.09% | 18.23%-2.1pp | 48.32%-32.2pp | 59.29%-43.2pp |
| Employer contribution / active EE | $5,231 | $3,796+37.8% | $5,918-11.6% | $2,234+134.2% |
| Participant deferral / active EE | $5,435 | $6,199-12.3% | $7,714-29.5% | $3,805+42.8% |
| Admin fee / account holder | $570 | $166+244.5% | $12,427-95.4% | $158+261.3% |