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 62 · EIN 04-1590850 | Float revenue; Recordkeeping fees | $109,029 |
CPS BENEFITS2 years Filed as: CPS EMPLOYER BENEFITS INS SOLUTIONS Service code 27 · EIN 20-8421265 | Advisory (Plan) | $21,089 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD RAOD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $19,428 |
LTSP, INC.1 year Filed as: LTSP, INC Service code 10 · EIN 95-3864890 | Accounting | $9,750 |
Filed as: MASSMUTUAL LIFE INSURANCE COMPANY Service code 38 · EIN 04-1590850 | Participant Communication | $741 |
Filed as: FUTURE PLAN CONSULTING-FORT WAYNE Service code 13 · EIN 11-3665754 | Contract Administrator | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $214,326 | $65,435+227.5% | $86,677+147.3% | $66,914+220.3% |
| Participation rate | 100.0% | 75.5%+24.5pp | 76.6%+23.4pp | 69.8%+30.2pp |
| Annual return | -12.38% | -10.89%-1.5pp | 35.91%-48.3pp | 1.58%-14.0pp |
| Employer contribution / active EE | $10,867 | $2,153+404.7% | $2,836+283.1% | $2,544+327.1% |
| Participant deferral / active EE | $11,045 | $4,100+169.4% | $4,656+137.2% | $4,237+160.7% |
| Admin fee / account holder | $745 | $642+16.1% | $7,493-90.1% | $593+25.6% |