Filed March 10, 2015 (most recent of 2 filings on file)
Total covered: 10 employees
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 53 | Insurance Commissions | $18,582 |
Filed as: MASSMUTUAL LIFE INS CO Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $8,169 |
Filed as: DAVID G. LEONARD & ASSOCIATES, INC. Service code 13 | Contract Administrator | $1,394 |
MY BENEFITS, LLC3 years Service code 13 | Contract Administrator | $504 |
Filed as: AMERIPRISE FINANCIAL SERVICES INC. Service code 53 · EIN 41-0973005 | Insurance Commissions | $0 |
Service code 13 · EIN 20-8305664 | Contract Administrator | $0 |
MY BENEFITS, LLC5+ years Filed as: MY BENEFITS LLC Service code 13 · EIN 45-2098380 | Contract Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $26,200 | $62,928-58.4% | $172,739-84.8% | $67,579-61.2% |
| Participation rate | 41.4% | 64.5%-23.0pp | 82.6%-41.2pp | 71.3%-29.9pp |
| Annual return | 18.16% | 30.36%-12.2pp | 802.84%-784.7pp | 378.56%-360.4pp |
| Employer contribution / active EE | $343 | $1,636-79.1% | $5,143-93.3% | $2,148-84.0% |
| Participant deferral / active EE | $1,010 | $2,145-52.9% | $5,198-80.6% | $3,539-71.5% |
| Admin fee / account holder | $29 | $167-82.8% | $13,954-99.8% | $142-79.9% |