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 | $6,198 |
Service code 27 · EIN 61-1732930 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $11,431 | $66,601-82.8% | $92,893-87.7% | $67,579-83.1% |
| Participation rate | 54.1% | 72.5%-18.4pp | 76.0%-21.9pp | 71.3%-17.2pp |
| Annual return | 28.15% | 92.58%-64.4pp | 109.41%-81.3pp | 378.56%-350.4pp |
| Employer contribution / active EE | $734 | $2,775-73.5% | $3,653-79.9% | $2,148-65.8% |
| Participant deferral / active EE | $1,811 | $3,157-42.6% | $4,236-57.2% | $3,539-48.8% |
| Admin fee / account holder | $38 | $199-80.9% | $5,794-99.3% | $142-73.3% |