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 | $3,309 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $15,526 | $59,186-73.8% | $76,768-79.8% | $56,287-72.4% |
| Participation rate | 59.3% | 75.2%-15.9pp | 77.0%-17.6pp | 69.9%-10.5pp |
| Annual return | -6.05% | 6.62%-12.7pp | 2.43%-8.5pp | -9.96%+3.9pp |
| Employer contribution / active EE | $1,529 | $1,759-13.1% | $2,485-38.5% | $2,111-27.6% |
| Participant deferral / active EE | $2,604 | $3,255-20.0% | $3,852-32.4% | $3,350-22.3% |
| Admin fee / account holder | $23 | $489-95.2% | $6,675-99.6% | $521-95.5% |