Filed December 14, 2020 (most recent of 3 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 52 · EIN 04-1590850 | Indirect Investment Fees | $130,835 |
CPS BENEFITS1 year Filed as: CPS EMPLOYER BENEFITS INS SOLUTIONS Service code 27 · EIN 20-8421265 | Advisory (Plan) | $11,422 |
ASCENSUS LLC1 year Filed as: ASCENSUS, LLC Service code 17 · EIN 82-3719843 | Pension Consulting | $6,255 |
Service code 26 · EIN 71-0294708 | Advisory (Participants) | $3,164 |
QBI, LLC3 years Service code 14 · EIN 26-2768667 | Plan Administrator | $2,970 |
Service code 13 · EIN 11-3665754 | Contract Administrator | $0 |
ASCENSUS LLC1 year Filed as: FUTUREPLAN BY ASCENSUS - QBI Service code 13 · EIN 26-2768667 | Contract Administrator | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $255,651 | $84,936+201.0% | $111,297+129.7% | $79,386+222.0% |
| Participation rate | 89.4% | 75.9%+13.5pp | 77.3%+12.1pp | 70.7%+18.7pp |
| Annual return | 12.57% | 17.45%-4.9pp | 54.65%-42.1pp | 116.85%-104.3pp |
| Employer contribution / active EE | $10,342 | $1,979+422.5% | $2,731+278.7% | $2,427+326.0% |
| Participant deferral / active EE | $11,681 | $3,888+200.4% | $4,487+160.3% | $4,046+188.7% |
| Admin fee / account holder | $413 | $537-23.1% | $7,964-94.8% | $626-34.1% |