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 INS. CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $1,617 |
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).
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 | $50,294 | $60,545-16.9% | $92,233-45.5% | $69,631-27.8% |
| Participation rate | 55.1% | 72.2%-17.1pp | 76.5%-21.4pp | 70.7%-15.6pp |
| Annual return | 14.44% | 19.71%-5.3pp | 176.28%-161.8pp | 27571.02%-27556.6pp |
| Employer contribution / active EE | $1,086 | $2,633-58.7% | $3,679-70.5% | $2,032-46.5% |
| Participant deferral / active EE | $1,556 | $2,828-45.0% | $3,897-60.1% | $3,224-51.7% |
| Admin fee / account holder | $19 | $145-87.0% | $5,194-99.6% | $110-82.9% |