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: MASSACHUSETTS MUTUAL LIFE INS CO Service code 49 · EIN 04-1590850 | Other Services | $56,132 |
BDO USA, LLP4 years Service code 13 · EIN 13-5381590 | Contract Administrator | $37,864 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,809 | $29,369-73.4% | $77,482-89.9% | $73,409-89.4% |
| Participation rate | 82.9% | 37.9%+44.9pp | 54.2%+28.7pp | 72.2%+10.7pp |
| Annual return | 11.55% | 358.15%-346.6pp | 54.79%-43.2pp | 59.29%-47.7pp |
| Employer contribution / active EE | $74 | $406-81.7% | $986-92.5% | $2,234-96.7% |
| Participant deferral / active EE | $668 | $941-29.0% | $1,861-64.1% | $3,805-82.5% |
| Admin fee / account holder | $184 | $123+50.2% | $2,858-93.6% | $158+16.7% |