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 | $1,275 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $34,212 | $52,884-35.3% | $84,750-59.6% | $55,167-38.0% |
| Participation rate | 25.4% | 67.5%-42.1pp | 76.6%-51.2pp | 69.0%-43.6pp |
| Annual return | 6.51% | 18.03%-11.5pp | 22.78%-16.3pp | 169.23%-162.7pp |
| Employer contribution / active EE | $648 | $2,233-71.0% | $3,574-81.9% | $1,963-67.0% |
| Participant deferral / active EE | $1,363 | $2,644-48.5% | $3,712-63.3% | $3,054-55.4% |
| Admin fee / account holder | $20 | $581-96.6% | $5,332-99.6% | $504-96.0% |