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: MASSACHUSETTS MUTUAL LIFE INS Service code 15 · EIN 04-1590850 | Recordkeeping | $2,360 |
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.
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 | $22,400 | $40,174-44.2% | $84,015-73.3% | $67,579-66.9% |
| Participation rate | 60.0% | 62.7%-2.6pp | 69.0%-9.0pp | 71.3%-11.2pp |
| Annual return | 20.02% | 25.82%-5.8pp | 71.31%-51.3pp | 378.56%-358.5pp |
| Employer contribution / active EE | $72 | $808-91.1% | $1,983-96.4% | $2,148-96.7% |
| Participant deferral / active EE | $2,071 | $2,301-10.0% | $3,239-36.1% | $3,539-41.5% |
| Admin fee / account holder | $12 | $128-90.6% | $6,101-99.8% | $142-91.5% |