Filed January 11, 2013
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 | $5,195 |
RELIANCE TRUST COMPANY3+ years Service code 25 · EIN 58-1428634 | Directed Trustee | $400 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $8,875 | $43,717-79.7% | $81,478-89.1% | $77,958-88.6% |
| Participation rate | 57.1% | 42.5%+14.5pp | 68.0%-10.9pp | 71.6%-14.6pp |
| Annual return | 32.93% | 23.83%+9.1pp | 38.78%-5.8pp | 20.87%+12.1pp |
| Employer contribution / active EE | $12 | $919-98.7% | $2,568-99.5% | $2,310-99.5% |
| Participant deferral / active EE | $2,183 | $1,783+22.4% | $3,537-38.3% | $3,537-38.3% |
| Admin fee / account holder | $30 | $108-72.2% | $4,561-99.3% | $97-69.2% |