See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $48,914 |
Filed as: GREAT-WEST LIFE & ANNUITY INS CO. Service code 15 | Recordkeeping | $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.)
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 | $148,043 | $64,707+128.8% | $112,228+31.9% | $68,494+116.1% |
| Participation rate | 69.0% | 67.2%+1.8pp | 75.1%-6.1pp | 67.9%+1.1pp |
| Annual return | 5.22% | -11.40%+16.6pp | 27.45%-22.2pp | -7.84%+13.1pp |
| Employer contribution / active EE | $1,166 | $2,746-57.5% | $3,635-67.9% | $2,596-55.1% |
| Participant deferral / active EE | $3,923 | $3,565+10.1% | $4,728-17.0% | $4,027-2.6% |
| Admin fee / account holder | $1,128 | $5,232-78.4% | $6,410-82.4% | $5,403-79.1% |