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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,707 | $69,362-38.4% | $101,248-57.8% | $73,488-41.9% |
| Participation rate | 38.1% | 68.4%-30.3pp | 75.8%-37.7pp | 70.7%-32.6pp |
| Annual return | 15.49% | 18.46%-3.0pp | 46.47%-31.0pp | 28.51%-13.0pp |
| Employer contribution / active EE | $1,068 | $2,628-59.4% | $3,660-70.8% | $2,270-53.0% |
| Participant deferral / active EE | $2,057 | $3,300-37.6% | $4,370-52.9% | $3,740-45.0% |
| Admin fee / account holder | $54 | $704-92.3% | $5,945-99.1% | $513-89.4% |