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: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $39,566 |
Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $20,398 |
OTHER1 year Service code 37 · EIN 04-1590850 | Loan Processing | $1,245 |
ASCENSUS LLC1 year Service code 15 · EIN 82-3719843 | Recordkeeping | $0 |
Service code 49 · EIN 36-3429599 | Other Services | $0 |
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.
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 | $105,172 | $99,957+5.2% | $149,696-29.7% | $73,488+43.1% |
| Participation rate | 55.1% | 75.7%-20.6pp | 82.5%-27.4pp | 70.7%-15.6pp |
| Annual return | 12.03% | 53.87%-41.8pp | 276.60%-264.6pp | 28.51%-16.5pp |
| Employer contribution / active EE | $1,761 | $3,191-44.8% | $4,644-62.1% | $2,270-22.4% |
| Participant deferral / active EE | $5,626 | $6,073-7.4% | $6,842-17.8% | $3,740+50.4% |
| Admin fee / account holder | $567 | $551+2.9% | $9,309-93.9% | $513+10.5% |