Filed May 29, 2015
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 6-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 INSURANCE Service code 52 · EIN 04-1590850 1295 STATE STREET · SPRINGFIELD, MA 01111 | Indirect Investment Fees | $20,373 |
PENSION AND RETIREMENT SERVICES1+ years Service code 13 · EIN 43-1874623 | Contract Administrator | $12,377 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $258 |
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.
Employer contribution per participant 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.
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 | $10,194 | $37,039-72.5% | $147,614-93.1% | $59,188-82.8% |
| Participation rate | 21.6% | 63.8%-42.1pp | 84.6%-63.0pp | 69.4%-47.8pp |
| Annual return | 307.25% | 7.19%+300.1pp | 61.98%+245.3pp | 5.51%+301.7pp |
| Employer contribution / active EE | $25 | $1,353-98.1% | $5,564-99.5% | $2,098-98.8% |
| Participant deferral / active EE | $270 | $2,094-87.1% | $4,895-94.5% | $3,265-91.7% |
| Admin fee / account holder | $31 | $60-49.1% | $11,611-99.7% | $92-66.7% |