See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $2,321 |
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).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $14,528 | $38,969-62.7% | $109,313-86.7% | $55,167-73.7% |
| Participation rate | 64.7% | 58.2%+6.5pp | 71.3%-6.6pp | 69.0%-4.3pp |
| Annual return | 6.29% | 8.26%-2.0pp | 22.07%-15.8pp | 169.23%-162.9pp |
| Employer contribution / active EE | $918 | $1,227-25.1% | $3,892-76.4% | $1,963-53.2% |
| Participant deferral / active EE | $1,091 | $2,176-49.8% | $3,166-65.5% | $3,054-64.3% |
| Admin fee / account holder | $23 | $501-95.5% | $5,666-99.6% | $504-95.5% |