See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $81,056 |
RELIANCE TRUST COMPANY3 years Service code 25 · EIN 58-1428634 | Directed Trustee | $325 |
Service code 27 · EIN 61-1732930 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $15,862 | $67,598-76.5% | $75,886-79.1% | $77,787-79.6% |
| Participation rate | 68.1% | 69.6%-1.4pp | 69.3%-1.2pp | 73.2%-5.1pp |
| Annual return | 19.53% | 23.18%-3.6pp | 30.76%-11.2pp | 32.57%-13.0pp |
| Employer contribution / active EE | $299 | $2,430-87.7% | $2,500-88.0% | $2,504-88.1% |
| Participant deferral / active EE | $1,448 | $3,502-58.7% | $3,603-59.8% | $3,967-63.5% |
| Admin fee / account holder | $63 | $96-34.8% | $5,418-98.8% | $100-37.2% |