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 | $20,132 |
Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 50 · EIN 13-5674085 | Direct Payment | $13,310 |
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.
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 | $60,033 | $85,135-29.5% | $98,907-39.3% | $73,409-18.2% |
| Participation rate | 28.2% | 81.1%-52.9pp | 76.0%-47.8pp | 72.2%-44.0pp |
| Annual return | 12.44% | 19.14%-6.7pp | 196.43%-184.0pp | 59.29%-46.9pp |
| Employer contribution / active EE | $781 | $2,721-71.3% | $2,689-70.9% | $2,234-65.0% |
| Participant deferral / active EE | $1,336 | $4,349-69.3% | $4,244-68.5% | $3,805-64.9% |
| Admin fee / account holder | $279 | $139+100.1% | $6,642-95.8% | $158+76.5% |