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 INS CO Service code 49 · EIN 04-1590850 | Other Services | $13,137 |
LPL FINANCIAL3 years Filed as: LPL FINANCIAL CORP Service code 53 · EIN 95-2834236 | Insurance Commissions | $7,731 |
HUNNEX AND SHOEMAKER, INC.3 years Filed as: HUNNEX AND SHOEMAKER INC Service code 13 · EIN 91-1072394 | Contract Administrator | $1,482 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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).
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 | $26,929 | $52,953-49.1% | $172,739-84.4% | $65,185-58.7% |
| Participation rate | 47.7% | 66.2%-18.4pp | 82.6%-34.9pp | 70.2%-22.5pp |
| Annual return | 21.76% | 30.12%-8.4pp | 802.84%-781.1pp | 29.38%-7.6pp |
| Employer contribution / active EE | $137 | $2,190-93.7% | $5,143-97.3% | $2,177-93.7% |
| Participant deferral / active EE | $2,118 | $2,471-14.3% | $5,198-59.3% | $3,514-39.7% |
| Admin fee / account holder | $104 | $472-77.9% | $13,954-99.3% | $847-87.7% |