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 9-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 |
|---|---|---|
QUALIFIED PLANS, LLC1 year Filed as: QUALIFIED PLAN ADMINIISTRATORS INC Service code 10 332 E SPRINGBROOK DRIVE SUITE 400 · JOHNSON CITY, TN 37601 | Accounting | $14,146 |
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 1295 STATE STREET · SPRINGFIELD, MA 011110001 | Recordkeeping | $535 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $23,040 | $59,186-61.1% | $76,768-70.0% | $56,287-59.1% |
| Participation rate | 61.3% | 75.2%-14.0pp | 77.0%-15.7pp | 69.9%-8.6pp |
| Annual return | 11.68% | 6.62%+5.1pp | 2.43%+9.3pp | -9.96%+21.6pp |
| Employer contribution / active EE | $1,023 | $1,759-41.8% | $2,485-58.8% | $2,111-51.5% |
| Participant deferral / active EE | $2,098 | $3,255-35.6% | $3,852-45.5% | $3,350-37.4% |
| Admin fee / account holder | $100 | $489-79.6% | $6,675-98.5% | $521-80.8% |