Filed December 2, 2012 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 | $45,666 |
Filed as: MERRILL LYNCH PIERCE FENNER SMITH I Service code 50 · EIN 13-5674085 | Direct Payment | $22,538 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,204 | $70,587-43.0% | $124,672-67.8% | $85,850-53.2% |
| Participation rate | 79.3% | 64.4%+14.9pp | 74.6%+4.7pp | 69.3%+10.0pp |
| Annual return | 18.10% | 20688.83%-20670.7pp | 5142.93%-5124.8pp | 318.53%-300.4pp |
| Employer contribution / active EE | $2,953 | $1,913+54.3% | $3,324-11.1% | $2,565+15.1% |
| Participant deferral / active EE | $2,244 | $2,969-24.4% | $4,614-51.4% | $3,952-43.2% |
| Admin fee / account holder | $449 | $5,282-91.5% | $7,493-94.0% | $6,260-92.8% |