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 | $13,165 |
BENEFITS PLUS3 years Service code 13 · EIN 84-3881668 2365 HARRODSBURG ROAD SUITE A-220 · LEXINGTON, KY 40504 | Contract Administrator | $0 |
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).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $32,757 | $62,132-47.3% | $185,823-82.4% | $73,488-55.4% |
| Participation rate | 30.7% | 67.8%-37.1pp | 78.0%-47.4pp | 70.7%-40.0pp |
| Annual return | 19.86% | 20.44%-0.6pp | 35.95%-16.1pp | 28.51%-8.7pp |
| Employer contribution / active EE | $716 | $1,681-57.4% | $4,087-82.5% | $2,270-68.5% |
| Participant deferral / active EE | $1,286 | $3,711-65.3% | $5,632-77.2% | $3,740-65.6% |
| Admin fee / account holder | $199 | $419-52.4% | $9,500-97.9% | $513-61.1% |