Filed February 5, 2021 (most recent of 5 filings on file)
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 INSURANCE Service code 49 · EIN 04-1590850 | Other Services | $22,798 |
TBS AGENCY INC1 year Service code 53 · EIN 52-1473914 | Insurance Commissions | $15,663 |
QBI, LLC1 year Service code 13 · EIN 26-2768667 | Contract Administrator | $6,825 |
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 | $47,022 | $98,982-52.5% | $162,163-71.0% | $65,185-27.9% |
| Participation rate | 73.3% | 85.8%-12.5pp | 87.6%-14.3pp | 70.2%+3.1pp |
| Annual return | 21.63% | 24.84%-3.2pp | 115.59%-94.0pp | 29.38%-7.8pp |
| Employer contribution / active EE | $1,836 | $3,467-47.0% | $5,614-67.3% | $2,177-15.6% |
| Participant deferral / active EE | $3,195 | $5,384-40.7% | $7,298-56.2% | $3,514-9.1% |
| Admin fee / account holder | $219 | $596-63.2% | $10,843-98.0% | $847-74.1% |