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 4-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: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 62 · EIN 04-1590850 1295 STATE STREET · SPRINGFIELD, MA 01111 | Recordkeeping fees; Float revenue | $10,430 |
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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,017 | $37,393-73.2% | $77,024-87.0% | $66,914-85.0% |
| Participation rate | 52.6% | 52.9%-0.3pp | 67.9%-15.4pp | 69.8%-17.3pp |
| Annual return | 25.69% | -3.29%+29.0pp | 42.32%-16.6pp | 1.58%+24.1pp |
| Employer contribution / active EE | $657 | $1,531-57.1% | $2,812-76.6% | $2,544-74.2% |
| Participant deferral / active EE | $2,089 | $2,617-20.2% | $4,426-52.8% | $4,237-50.7% |
| Admin fee / account holder | $179 | $567-68.5% | $5,425-96.7% | $593-69.9% |