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 | $73,800 |
Service code 27 · EIN 61-1732930 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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 | $101,113 | $69,362+45.8% | $101,248-0.1% | $73,488+37.6% |
| Participation rate | 61.3% | 68.4%-7.1pp | 75.8%-14.5pp | 70.7%-9.4pp |
| Annual return | -5.76% | 18.46%-24.2pp | 46.47%-52.2pp | 28.51%-34.3pp |
| Employer contribution / active EE | $972 | $2,628-63.0% | $3,660-73.5% | $2,270-57.2% |
| Participant deferral / active EE | $3,226 | $3,300-2.2% | $4,370-26.2% | $3,740-13.7% |
| Admin fee / account holder | $513 | $704-27.2% | $5,945-91.4% | $513-0.1% |