Filed December 9, 2021
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 |
|---|---|---|
Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $85,688 |
Filed as: MASSCHUSETTS MUTUAL LIFE INS. CO. Service code 72 | Other investment fees and expenses | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,431 | $35,135+9.4% | $85,969-55.3% | $59,188-35.1% |
| Participation rate | 45.3% | 50.0%-4.8pp | 76.5%-31.3pp | 69.4%-24.2pp |
| Annual return | 0.11% | 11.01%-10.9pp | 9.32%-9.2pp | 5.51%-5.4pp |
| Employer contribution / active EE | $986 | $764+29.0% | $3,474-71.6% | $2,098-53.0% |
| Participant deferral / active EE | $914 | $1,349-32.2% | $3,829-76.1% | $3,265-72.0% |
| Admin fee / account holder | $92 | $152-39.2% | $6,053-98.5% | $920% |