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 | $1,115 |
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 | $54,636 | $73,102-25.3% | $123,544-55.8% | $56,287-2.9% |
| Participation rate | 46.3% | 74.3%-28.0pp | 82.3%-36.0pp | 69.9%-23.6pp |
| Annual return | -1.56% | 3.01%-4.6pp | 119.20%-120.8pp | -9.96%+8.4pp |
| Employer contribution / active EE | $741 | $2,977-75.1% | $4,628-84.0% | $2,111-64.9% |
| Participant deferral / active EE | $3,092 | $5,423-43.0% | $6,426-51.9% | $3,350-7.7% |
| Admin fee / account holder | $14 | $554-97.4% | $9,284-99.8% | $521-97.2% |