Filed June 11, 2019
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $38,549 |
FIRST ALLIED SECURITIES INC2+ years Service code 53 · EIN 11-3152836 | Insurance Commissions | $21,906 |
QRPS, INC.2+ years Service code 13 | Contract Administrator | $2,202 |
QRPS, INC.2+ years Filed as: QRPS, INC Service code 13 · EIN 56-1606387 P O BOX 99163 · RALEIGH, NC 27624 | 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 | $15,504 | $36,916-58.0% | $156,549-90.1% | $57,658-73.1% |
| Participation rate | 45.0% | 63.4%-18.5pp | 84.0%-39.1pp | 70.2%-25.3pp |
| Annual return | 9.79% | 12.38%-2.6pp | 32.23%-22.4pp | 5.13%+4.7pp |
| Employer contribution / active EE | $721 | $1,571-54.1% | $5,501-86.9% | $1,974-63.5% |
| Participant deferral / active EE | $1,253 | $1,926-34.9% | $4,871-74.3% | $3,061-59.0% |
| Admin fee / account holder | $125 | $82+51.7% | $13,027-99.0% | $95+32.4% |