Filed May 22, 1993
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: FIRST FINANCIAL EQUITY CORP Service code 26 · EIN 86-0511639 | Advisory (Participants) | $11,718 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $9,898 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $28,131 | $58,879-52.2% | $178,490-84.2% | $73,488-61.7% |
| Participation rate | 58.6% | 66.2%-7.6pp | 81.9%-23.3pp | 70.7%-12.1pp |
| Annual return | 1.90% | 24.86%-23.0pp | 151.07%-149.2pp | 28.51%-26.6pp |
| Employer contribution / active EE | $345 | $2,236-84.6% | $5,011-93.1% | $2,270-84.8% |
| Participant deferral / active EE | $1,382 | $2,567-46.2% | $5,202-73.4% | $3,740-63.1% |
| Admin fee / account holder | $57 | $400-85.9% | $13,984-99.6% | $513-89.0% |