Filed July 26, 2022 (most recent of 2 filings on file)
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 INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $980 |
Filed as: ENVESTNET RETIREMENT SOLUTIONS LLC Service code 27 · EIN 61-1732930 | Advisory (Plan) | $0 |
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 | $57,768 | $109,359-47.2% | $162,163-64.4% | $72,985-20.8% |
| Participation rate | 96.8% | 84.3%+12.6pp | 87.6%+9.3pp | 69.5%+27.3pp |
| Annual return | 20.71% | 25.46%-4.7pp | 115.59%-94.9pp | 81.00%-60.3pp |
| Employer contribution / active EE | $3,093 | $3,907-20.8% | $5,614-44.9% | $2,440+26.8% |
| Participant deferral / active EE | $3,789 | $5,481-30.9% | $7,298-48.1% | $3,607+5.0% |
| Admin fee / account holder | $7 | $7,972-99.9% | $10,843-99.9% | $5,124-99.9% |