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 1295 STATE STREET · SPRINGFIELD, MA 01111 | Indirect Investment Fees | $13,577 |
Filed as: MIDWEST PENSION & PROFIT SHARING Service code 13 · EIN 41-1447816 121 SOUTH 8TH STREET #630 · MINNEAPOLIS, MN 55402 | Contract Administrator | $13,474 |
Service code 13 | Contract Administrator | $7,609 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $22,775 | $56,640-59.8% | $80,975-71.9% | $57,658-60.5% |
| Participation rate | 15.5% | 75.9%-60.3pp | 75.8%-60.3pp | 70.2%-54.7pp |
| Annual return | 4.24% | 19.97%-15.7pp | 17.10%-12.9pp | 5.13%-0.9pp |
| Employer contribution / active EE | $82 | $2,085-96.1% | $3,714-97.8% | $1,974-95.8% |
| Participant deferral / active EE | $347 | $4,944-93.0% | $5,696-93.9% | $3,061-88.7% |
| Admin fee / account holder | $261 | $87+199.9% | $5,516-95.3% | $95+176.3% |