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 9-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 49 · EIN 04-1590850 1295 STATE STREET · SPRINGFIELD, MA 01111 | Other Services | $8,915 |
KFG ENTERPRISES INC1 year Service code 53 · EIN 61-1383536 | Insurance Commissions | $8,327 |
ACUFF & ASSOCIATES, INC.5+ years Service code 13 · EIN 62-1477251 | Contract Administrator | $3,386 |
LINCOLN NATIONAL CORPORATION5+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $100 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $35,014 | $58,879-40.5% | $178,490-80.4% | $73,488-52.4% |
| Participation rate | 36.6% | 66.2%-29.6pp | 81.9%-45.3pp | 70.7%-34.1pp |
| Annual return | 1.31% | 24.86%-23.6pp | 151.07%-149.8pp | 28.51%-27.2pp |
| Employer contribution / active EE | $482 | $2,236-78.4% | $5,011-90.4% | $2,270-78.8% |
| Participant deferral / active EE | $1,292 | $2,567-49.7% | $5,202-75.2% | $3,740-65.4% |
| Admin fee / account holder | $137 | $400-65.9% | $13,984-99.0% | $513-73.4% |