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 15 · EIN 04-1590850 | Recordkeeping | $2,456 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $23,578 | $45,825-48.5% | $90,645-74.0% | $56,287-58.1% |
| Participation rate | 32.0% | 66.7%-34.7pp | 74.0%-42.1pp | 69.9%-37.9pp |
| Annual return | -6.69% | 38.64%-45.3pp | 1.88%-8.6pp | -9.96%+3.3pp |
| Employer contribution / active EE | $783 | $1,372-42.9% | $2,532-69.1% | $2,111-62.9% |
| Participant deferral / active EE | $1,161 | $2,562-54.7% | $3,425-66.1% | $3,350-65.3% |
| Admin fee / account holder | $36 | $413-91.2% | $4,994-99.3% | $521-93.1% |