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 | $0 |
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.
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 | $29,465 | $50,175-41.3% | $99,443-70.4% | $65,185-54.8% |
| Participation rate | 27.0% | 68.4%-41.4pp | 73.8%-46.9pp | 70.2%-43.2pp |
| Annual return | 21.58% | 25.36%-3.8pp | 30.72%-9.1pp | 29.38%-7.8pp |
| Employer contribution / active EE | $644 | $1,496-56.9% | $2,540-74.6% | $2,177-70.4% |
| Participant deferral / active EE | $1,004 | $2,748-63.5% | $3,619-72.3% | $3,514-71.4% |
| Admin fee / account holder | $23 | $398-94.3% | $6,250-99.6% | $847-97.3% |