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: MASS MUTUAL LIFE INSURANCE CO Service code 14 | Plan Administrator | $0 |
Filed as: VOYA FINANCIAL ADVISORS INC Service code 22 909 LOCUST ST · DES MOINES, IA 50309 | Insurance Broker | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $29,292 | $55,449-47.2% | $83,848-65.1% | $56,287-48.0% |
| Participation rate | 53.0% | 68.0%-15.0pp | 76.1%-23.1pp | 69.9%-16.8pp |
| Annual return | -5.50% | -1.38%-4.1pp | 850.88%-856.4pp | -9.96%+4.5pp |
| Employer contribution / active EE | $761 | $2,430-68.7% | $3,631-79.0% | $2,111-63.9% |
| Participant deferral / active EE | $2,001 | $2,935-31.8% | $4,082-51.0% | $3,350-40.3% |
| Admin fee / account holder | $34 | $656-94.8% | $5,478-99.4% | $521-93.5% |