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 | $38,852 |
FIRST ALLIED SECURITIES INC3+ years Service code 53 · EIN 11-3152836 | Insurance Commissions | $23,536 |
QRPS, INC.3+ years Service code 13 | Contract Administrator | $4,357 |
QRPS, INC.3+ 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 | $17,529 | $46,173-62.0% | $170,442-89.7% | $69,631-74.8% |
| Participation rate | 39.3% | 63.9%-24.6pp | 83.6%-44.3pp | 70.7%-31.4pp |
| Annual return | 17.08% | 21.62%-4.5pp | 205.93%-188.9pp | 27571.02%-27553.9pp |
| Employer contribution / active EE | $739 | $1,610-54.1% | $5,433-86.4% | $2,032-63.6% |
| Participant deferral / active EE | $1,388 | $2,080-33.3% | $4,939-71.9% | $3,224-56.9% |
| Admin fee / account holder | $133 | $116+14.4% | $13,880-99.0% | $110+20.1% |