See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 15 · EIN 04-1590850 | Recordkeeping | $762 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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).
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 | $30,999 | $91,190-66.0% | $178,490-82.6% | $79,858-61.2% |
| Participation rate | 37.8% | 69.2%-31.4pp | 81.9%-44.2pp | 69.6%-31.9pp |
| Annual return | 10.02% | 24.19%-14.2pp | 151.07%-141.0pp | 31.71%-21.7pp |
| Employer contribution / active EE | $167 | $3,256-94.9% | $5,011-96.7% | $2,471-93.2% |
| Participant deferral / active EE | $1,494 | $3,236-53.8% | $5,202-71.3% | $3,740-60.0% |
| Admin fee / account holder | $101 | $6,751-98.5% | $13,984-99.3% | $5,306-98.1% |