Filed October 31, 2020 (most recent of 10 filings on file)
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 INS. CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $450 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,818 | $56,095-54.0% | $178,490-85.5% | $90,288-71.4% |
| Participation rate | 55.2% | 65.6%-10.4pp | 81.9%-26.8pp | 73.4%-18.2pp |
| Annual return | 7.74% | 28.81%-21.1pp | 151.07%-143.3pp | 53.97%-46.2pp |
| Employer contribution / active EE | $0 | $1,572-100.0% | $5,011-100.0% | $2,524-100.0% |
| Participant deferral / active EE | $1,488 | $2,669-44.2% | $5,202-71.4% | $4,232-64.8% |
| Admin fee / account holder | $109 | $101+8.5% | $13,984-99.2% | $114-4.3% |