Filed April 4, 2022 (most recent of 2 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 64 · EIN 04-1590850 | Recordkeeping Fees | $193,280 |
Service code 27 · EIN 65-0978008 | Advisory (Plan) | $78,728 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $31,318 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,155 | $84,000-49.8% | $119,609-64.8% | $77,904-45.9% |
| Participation rate | 93.2% | 77.8%+15.4pp | 79.3%+14.0pp | 73.7%+19.5pp |
| Annual return | -15.63% | -11.59%-4.0pp | -14.97%-0.7pp | 12.21%-27.8pp |
| Employer contribution / active EE | $1,618 | $2,907-44.3% | $4,232-61.8% | $2,848-43.2% |
| Participant deferral / active EE | $4,222 | $4,705-10.3% | $5,602-24.6% | $4,806-12.1% |
| Admin fee / account holder | $240 | $116+106.9% | $10,323-97.7% | $133+80.7% |