Filed May 27, 2020
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 INSURANCE CO. Service code 15 · EIN 04-1590850 P.O. BOX 1583 · HARTFORD, CT 061441583 | Recordkeeping | $1,443 |
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 | $56,126 | $55,453+1.2% | $170,442-67.1% | $62,292-9.9% |
| Participation rate | 100.0% | 66.4%+33.6pp | 83.6%+16.4pp | 69.5%+30.5pp |
| Annual return | 20.97% | 21.38%-0.4pp | 205.93%-185.0pp | 28.90%-7.9pp |
| Employer contribution / active EE | $6,810 | $2,164+214.8% | $5,433+25.4% | $2,042+233.5% |
| Participant deferral / active EE | $4,450 | $2,303+93.2% | $4,939-9.9% | $3,169+40.4% |
| Admin fee / account holder | $8 | $455-98.3% | $13,880-99.9% | $479-98.3% |