Filed January 30, 2017
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 8-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 CO Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $49,283 |
AXA EQUITABLE LIFE INSURANCE CO1+ years Filed as: AXA ADVISORS Service code 53 · EIN 13-4071393 | Insurance Commissions | $0 |
MY BENEFITS, LLC1+ years Filed as: MY BENEFITS LLC Service code 13 · EIN 45-2098380 | Contract Administrator | $0 |
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.
Annual investment return 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 | $7,799 | $46,173-83.1% | $170,442-95.4% | $69,631-88.8% |
| Participation rate | 59.2% | 63.9%-4.7pp | 83.6%-24.4pp | 70.7%-11.4pp |
| Annual return | 12.72% | 21.62%-8.9pp | 205.93%-193.2pp | 27571.02%-27558.3pp |
| Employer contribution / active EE | $846 | $1,610-47.4% | $5,433-84.4% | $2,032-58.4% |
| Participant deferral / active EE | $476 | $2,080-77.1% | $4,939-90.4% | $3,224-85.2% |
| Admin fee / account holder | $97 | $116-16.0% | $13,880-99.3% | $110-11.8% |