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 15 · EIN 04-1590850 | Recordkeeping | $2,534 |
Service code 28 · EIN 61-1732930 | Investment Management | $0 |
Service code 49 · EIN 36-3429599 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $11,806 | $40,479-70.8% | $78,210-84.9% | $62,292-81.0% |
| Participation rate | 28.0% | 54.6%-26.6pp | 68.7%-40.7pp | 69.5%-41.5pp |
| Annual return | 73.95% | 66.31%+7.6pp | 40.90%+33.0pp | 28.90%+45.1pp |
| Employer contribution / active EE | $344 | $1,024-66.4% | $2,034-83.1% | $2,042-83.1% |
| Participant deferral / active EE | $919 | $1,718-46.5% | $2,823-67.4% | $3,169-71.0% |
| Admin fee / account holder | $60 | $376-84.1% | $3,758-98.4% | $479-87.5% |