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 | $2,008 |
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.
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 | $22,804 | $74,089-69.2% | $133,980-83.0% | $55,167-58.7% |
| Participation rate | 69.6% | 84.3%-14.6pp | 87.1%-17.4pp | 69.0%+0.7pp |
| Annual return | 11.00% | 12.11%-1.1pp | 29.30%-18.3pp | 169.23%-158.2pp |
| Employer contribution / active EE | $0 | $3,064-100.0% | $5,211-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $3,358 | $4,678-28.2% | $6,282-46.5% | $3,054+10.0% |
| Admin fee / account holder | $14 | $458-96.9% | $9,324-99.8% | $504-97.2% |