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: MASS MUTUAL LIFE INSURANCE COMPANY Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $11,003 |
BENEFITS PLUS2 years Service code 13 · EIN 61-1271536 2365 HARRODSBURG ROAD SUITE A-220 · LEXINGTON, KY 40504 | Contract Administrator | $1,314 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $28,719 | $56,972-49.6% | $182,532-84.3% | $65,185-55.9% |
| Participation rate | 28.1% | 66.5%-38.5pp | 78.0%-49.9pp | 70.2%-42.1pp |
| Annual return | 26.06% | 27.67%-1.6pp | 148.54%-122.5pp | 29.38%-3.3pp |
| Employer contribution / active EE | $693 | $1,615-57.1% | $4,076-83.0% | $2,177-68.2% |
| Participant deferral / active EE | $1,131 | $3,526-67.9% | $5,524-79.5% | $3,514-67.8% |
| Admin fee / account holder | $202 | $528-61.7% | $8,592-97.6% | $847-76.2% |