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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $38,262 | $63,114-39.4% | $92,893-58.8% | $65,185-41.3% |
| Participation rate | 33.1% | 68.8%-35.7pp | 76.0%-42.9pp | 70.2%-37.1pp |
| Annual return | 35.22% | 28.75%+6.5pp | 109.41%-74.2pp | 29.38%+5.8pp |
| Employer contribution / active EE | $1,009 | $2,571-60.7% | $3,653-72.4% | $2,177-53.6% |
| Participant deferral / active EE | $1,702 | $3,108-45.2% | $4,236-59.8% | $3,514-51.6% |
| Admin fee / account holder | $57 | $624-90.9% | $5,794-99.0% | $847-93.3% |