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: MASS MUTUAL LIFE INSURANCE COMPANY Service code 15 · EIN 04-1590850 | Recordkeeping | $53,116 |
EDWARD JONES1 year Service code 26 · EIN 43-0345811 | Advisory (Participants) | $23,321 |
Service code 14 · EIN 41-0955056 | Plan Administrator | $2,791 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $38,387 | $29,369+30.7% | $77,482-50.5% | $73,409-47.7% |
| Participation rate | 34.9% | 37.9%-3.0pp | 54.2%-19.3pp | 72.2%-37.3pp |
| Annual return | 9.29% | 358.15%-348.9pp | 54.79%-45.5pp | 59.29%-50.0pp |
| Employer contribution / active EE | $263 | $406-35.3% | $986-73.4% | $2,234-88.2% |
| Participant deferral / active EE | $943 | $941+0.2% | $1,861-49.3% | $3,805-75.2% |
| Admin fee / account holder | $343 | $123+179.5% | $2,858-88.0% | $158+117.2% |