Filed April 22, 2014
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 |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $70,982 |
Filed as: MERRILL LYNCH PEIRCE FENNER SMITH I Service code 50 · EIN 13-5674085 | Direct Payment | $33,888 |
Annual investment return 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 | $39,380 | $64,286-38.7% | $90,951-56.7% | $73,409-46.4% |
| Participation rate | 85.0% | 63.6%+21.4pp | 69.0%+16.0pp | 72.2%+12.8pp |
| Annual return | 12.12% | 21.45%-9.3pp | 134.60%-122.5pp | 59.29%-47.2pp |
| Employer contribution / active EE | $1,271 | $895+42.1% | $2,122-40.1% | $2,234-43.1% |
| Participant deferral / active EE | $3,652 | $2,453+48.9% | $3,373+8.3% | $3,805-4.0% |
| Admin fee / account holder | $273 | $287-4.9% | $5,959-95.4% | $158+73.0% |