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: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 COMPANY · SPRINGFIELD, MA 01111 | Recordkeeping | $13,592 |
Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 99 · EIN 13-5674085 INC · NET YORK, NY 10036 | Other Fees | $7,748 |
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.
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 | $49,830 | $38,365+29.9% | $84,611-41.1% | $65,185-23.6% |
| Participation rate | 22.8% | 55.7%-32.9pp | 68.2%-45.4pp | 70.2%-47.4pp |
| Annual return | 15.94% | 32.00%-16.1pp | 258.74%-242.8pp | 29.38%-13.4pp |
| Employer contribution / active EE | $438 | $1,258-65.2% | $2,652-83.5% | $2,177-79.9% |
| Participant deferral / active EE | $1,023 | $2,278-55.1% | $3,899-73.8% | $3,514-70.9% |
| Admin fee / account holder | $296 | $451-34.4% | $4,912-94.0% | $847-65.1% |