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: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $0 |
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.
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 | $13,322 | $42,810-68.9% | $169,463-92.1% | $55,725-76.1% |
| Participation rate | 43.7% | 64.7%-21.0pp | 77.8%-34.1pp | 70.9%-27.1pp |
| Annual return | -5.97% | -3.61%-2.4pp | 1.83%-7.8pp | 244.93%-250.9pp |
| Employer contribution / active EE | $676 | $1,402-51.8% | $4,159-83.7% | $2,078-67.5% |
| Participant deferral / active EE | $1,601 | $3,141-49.0% | $5,277-69.7% | $3,356-52.3% |
| Admin fee / account holder | $38 | $106-64.0% | $9,109-99.6% | $115-66.7% |