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 CO Service code 15 · EIN 04-1590850 1295 STATE ST · SPRINGFIELD, MA 011110001 | Recordkeeping | $0 |
Filed as: MML INSURANCE AGENCY LLC Service code 13 · EIN 04-3109325 1350 MAIN STREET · SPRINGFIELD, MA 011031628 | Contract Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $23,550 | $55,449-57.5% | $83,848-71.9% | $56,287-58.2% |
| Participation rate | 38.4% | 68.0%-29.6pp | 76.1%-37.7pp | 69.9%-31.5pp |
| Annual return | -6.62% | -1.38%-5.2pp | 850.88%-857.5pp | -9.96%+3.3pp |
| Employer contribution / active EE | $1,113 | $2,430-54.2% | $3,631-69.4% | $2,111-47.3% |
| Participant deferral / active EE | $1,772 | $2,935-39.6% | $4,082-56.6% | $3,350-47.1% |
| Admin fee / account holder | $57 | $656-91.3% | $5,478-99.0% | $521-89.1% |