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 | $19,265 |
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).
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 | $12,501 | $58,879-78.8% | $178,490-93.0% | $73,488-83.0% |
| Participation rate | 65.3% | 66.2%-0.9pp | 81.9%-16.6pp | 70.7%-5.4pp |
| Annual return | 17.53% | 24.86%-7.3pp | 151.07%-133.5pp | 28.51%-11.0pp |
| Employer contribution / active EE | $754 | $2,236-66.3% | $5,011-84.9% | $2,270-66.8% |
| Participant deferral / active EE | $1,384 | $2,567-46.1% | $5,202-73.4% | $3,740-63.0% |
| Admin fee / account holder | $127 | $400-68.2% | $13,984-99.1% | $513-75.2% |