Filed April 27, 2017
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 52 · EIN 04-1590850 | Indirect Investment Fees | $12,041 |
Service code 27 | Advisory (Plan) | $9,665 |
ASCENSUS LLC4+ years Filed as: ADMIN PARTNERS, LLC Service code 13 | Contract Administrator | $678 |
AB FUNDS2 years Service code 52 · EIN 13-4071393 | Indirect Investment Fees | $0 |
ADMINPARTNERS, LLC1 year Service code 13 · EIN 26-3310639 | Contract Administrator | $0 |
ALGER1 year Service code 52 · EIN 13-2665689 | Indirect Investment Fees | $0 |
AMERICAN CENTURY1 year Filed as: AMERICAN CENTRY Service code 52 | Indirect Investment Fees | $0 |
AMERICAN CENTURY2 years Service code 52 · EIN 44-6006315 | Indirect Investment Fees | $0 |
AMERICAN FUNDS2 years Service code 52 · EIN 95-1411037 | Indirect Investment Fees | $0 |
COLUMBIA2 years Service code 52 · EIN 56-0906609 | Indirect Investment Fees | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,578 | $85,202-71.2% | $172,739-85.8% | $72,985-66.3% |
| Participation rate | 100.0% | 70.1%+29.9pp | 82.6%+17.4pp | 69.5%+30.5pp |
| Annual return | 4.74% | 27.32%-22.6pp | 802.84%-798.1pp | 81.00%-76.3pp |
| Employer contribution / active EE | $642 | $3,324-80.7% | $5,143-87.5% | $2,440-73.7% |
| Participant deferral / active EE | $1,769 | $3,260-45.8% | $5,198-66.0% | $3,607-51.0% |
| Admin fee / account holder | $1,616 | $5,884-72.5% | $13,954-88.4% | $5,124-68.5% |