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: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850 | Other Services | $8,169 |
MMA SECURITIES LLC3 years Service code 53 · EIN 22-3570392 | Insurance Commissions | $0 |
NOVA 401(K) ASSOCIATES1 year Filed as: NOVA 401K ASSOCIATES Service code 13 · EIN 20-1181458 | Contract Administrator | $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 | $22,558 | $51,620-56.3% | $90,281-75.0% | $65,185-65.4% |
| Participation rate | 31.2% | 68.6%-37.4pp | 73.3%-42.1pp | 70.2%-39.0pp |
| Annual return | 21.11% | 24.94%-3.8pp | 78.10%-57.0pp | 29.38%-8.3pp |
| Employer contribution / active EE | $415 | $2,235-81.4% | $2,854-85.5% | $2,177-80.9% |
| Participant deferral / active EE | $951 | $2,871-66.9% | $3,885-75.5% | $3,514-72.9% |
| Admin fee / account holder | $72 | $384-81.3% | $5,351-98.7% | $847-91.5% |