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 | $6,654 |
Filed as: MESIROW FINANCIAL INVESTMENT MGT Service code 27 · EIN 36-3429599 | Advisory (Plan) | $20 |
Filed as: ENVESTNET RETIREMENT Service code 27 · EIN 61-1732930 | Advisory (Plan) | $0 |
Filed as: ENVESTNET RETIREMENT SOLUTIONS Service code 27 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $9,296 | $55,453-83.2% | $170,442-94.5% | $62,292-85.1% |
| Participation rate | 50.9% | 66.4%-15.4pp | 83.6%-32.7pp | 69.5%-18.6pp |
| Annual return | 13.50% | 21.38%-7.9pp | 205.93%-192.4pp | 28.90%-15.4pp |
| Employer contribution / active EE | $471 | $2,164-78.2% | $5,433-91.3% | $2,042-76.9% |
| Participant deferral / active EE | $913 | $2,303-60.4% | $4,939-81.5% | $3,169-71.2% |
| Admin fee / account holder | $2 | $455-99.5% | $13,880-100.0% | $479-99.5% |