See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850 | Other Services | $38,487 |
NFP RETIREMENT INC2 years Filed as: NFP RETIREMENT, INC. Service code 27 · EIN 33-0905143 | Advisory (Plan) | $10,205 |
ACTUARIAL BENEFITS CORP2 years Service code 13 | Contract Administrator | $3,067 |
ACTUARIAL BENEFITS CORP2 years Filed as: ACTUARIAL BENEFITS CORP. Service code 13 · EIN 20-1054428 | Contract Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $42,941 | $60,989-29.6% | $60,874-29.5% | $66,914-35.8% |
| Participation rate | 62.8% | 74.5%-11.7pp | 73.1%-10.3pp | 69.8%-7.0pp |
| Annual return | -14.40% | -9.60%-4.8pp | 16.90%-31.3pp | 1.58%-16.0pp |
| Employer contribution / active EE | $1,929 | $2,661-27.5% | $2,701-28.6% | $2,544-24.2% |
| Participant deferral / active EE | $2,968 | $3,615-17.9% | $3,817-22.2% | $4,237-30.0% |
| Admin fee / account holder | $292 | $338-13.9% | $3,224-91.0% | $593-50.9% |