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 |
|---|---|---|
THE AIMPOINT GROUP1 year Service code 14 · EIN 46-1931817 | Plan Administrator | $850 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $292 |
Filed as: ENVESTNET RETIREMENT SOLUTIONS Service code 27 · EIN 61-1732930 | Advisory (Plan) | $0 |
Filed as: MERRILL LYNCH LIFE AGENCY Service code 23 · EIN 13-2808480 | Insurance services | $0 |
Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 99 · EIN 13-5674085 | Other Fees | $0 |
Filed as: MESIROW FINANCIAL INVESTMENT MGMT Service code 49 · EIN 36-3429599 | Other Services | $0 |
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.
Annual investment return 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 | $17,096 | $44,221-61.3% | $121,196-85.9% | $56,287-69.6% |
| Participation rate | 60.0% | 61.1%-1.1pp | 71.7%-11.7pp | 69.9%-9.9pp |
| Annual return | -10.36% | -3.58%-6.8pp | 16.93%-27.3pp | -9.96%-0.4pp |
| Employer contribution / active EE | $246 | $1,480-83.4% | $4,022-93.9% | $2,111-88.4% |
| Participant deferral / active EE | $1,677 | $2,521-33.5% | $3,344-49.8% | $3,350-49.9% |
| Admin fee / account holder | $13 | $480-97.2% | $5,019-99.7% | $521-97.4% |