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 | $1,868 |
Service code 49 · EIN 36-3429599 | Other Services | $22 |
MORNINGSTAR2+ years Filed as: MORNINGSTAR ASSOCIATES, LLC Service code 49 | Other Services | $16 |
MORNINGSTAR1 year Filed as: MORNINGSTAR ASSOCICATES, LLC Service code 49 · EIN 36-4317381 | Other Services | $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).
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 | $54,048 | $52,884+2.2% | $84,750-36.2% | $55,167-2.0% |
| Participation rate | 25.6% | 67.5%-41.9pp | 76.6%-51.0pp | 69.0%-43.4pp |
| Annual return | 6.41% | 18.03%-11.6pp | 22.78%-16.4pp | 169.23%-162.8pp |
| Employer contribution / active EE | $668 | $2,233-70.1% | $3,574-81.3% | $1,963-66.0% |
| Participant deferral / active EE | $1,466 | $2,644-44.6% | $3,712-60.5% | $3,054-52.0% |
| Admin fee / account holder | $29 | $581-94.9% | $5,332-99.4% | $504-94.2% |