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 |
|---|---|---|
Service code 15 · EIN 35-0145825 | Recordkeeping | $28,406 |
Filed as: MASSMUTUAL LIFE INSURANCE CO Service code 15 · EIN 04-1590850 | Recordkeeping | $36 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,225 | $56,485-9.3% | $185,823-72.4% | $86,799-41.0% |
| Participation rate | 52.5% | 65.5%-12.9pp | 81.7%-29.2pp | 72.3%-19.7pp |
| Annual return | 15.18% | 118.04%-102.9pp | 122.05%-106.9pp | 97.91%-82.7pp |
| Employer contribution / active EE | $0 | $1,843-100.0% | $5,167-100.0% | $2,405-100.0% |
| Participant deferral / active EE | $1,659 | $2,553-35.0% | $5,568-70.2% | $4,131-59.8% |
| Admin fee / account holder | $2 | $150-98.8% | $16,237-100.0% | $170-98.9% |