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 | $23,450 |
Filed as: MASSMUTUAL LIFE INS CO Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $7,329 |
Filed as: DAVID G. LEONARD & ASSOCIATES, INC. Service code 13 | Contract Administrator | $1,350 |
Filed as: AMERIPRISE FINANCIAL SERVICES INC. Service code 53 · EIN 41-0973005 | Insurance Commissions | $0 |
Service code 13 · EIN 20-8305664 | Contract Administrator | $0 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,292 | $56,485-69.4% | $185,823-90.7% | $86,799-80.1% |
| Participation rate | 68.5% | 65.5%+3.0pp | 81.7%-13.2pp | 72.3%-3.8pp |
| Annual return | 10.75% | 118.04%-107.3pp | 122.05%-111.3pp | 97.91%-87.2pp |
| Employer contribution / active EE | $501 | $1,843-72.8% | $5,167-90.3% | $2,405-79.2% |
| Participant deferral / active EE | $1,395 | $2,553-45.4% | $5,568-74.9% | $4,131-66.2% |
| Admin fee / account holder | $15 | $150-89.8% | $16,237-99.9% | $170-91.0% |