Filed October 18, 2004 (most recent of 2 filings on file)
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 |
|---|---|---|
Service code 13 · EIN 27-0293282 | Contract Administrator | $6,706 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $542 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $63,596 | $80,753-21.2% | $136,294-53.3% | $62,292+2.1% |
| Participation rate | 56.2% | 73.5%-17.3pp | 81.9%-25.7pp | 69.5%-13.3pp |
| Annual return | 21.36% | 35.83%-14.5pp | 5155.94%-5134.6pp | 28.90%-7.5pp |
| Employer contribution / active EE | $430 | $2,884-85.1% | $4,695-90.8% | $2,042-78.9% |
| Participant deferral / active EE | $3,309 | $5,164-35.9% | $6,247-47.0% | $3,169+4.4% |
| Admin fee / account holder | $39 | $525-92.5% | $9,243-99.6% | $479-91.8% |