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: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $1,090 |
Service code 27 · EIN 36-3429599 | Advisory (Plan) | $18 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $8,543 | $46,360-81.6% | $147,614-94.2% | $52,331-83.7% |
| Participation rate | 68.8% | 64.9%+3.9pp | 84.6%-15.8pp | 68.1%+0.7pp |
| Annual return | -3.80% | 1.62%-5.4pp | 61.98%-65.8pp | 4.54%-8.3pp |
| Employer contribution / active EE | $600 | $2,126-71.8% | $5,564-89.2% | $1,882-68.1% |
| Participant deferral / active EE | $1,112 | $2,258-50.8% | $4,895-77.3% | $3,022-63.2% |
| Admin fee / account holder | $9 | $766-98.8% | $11,611-99.9% | $592-98.5% |