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 4-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: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $1,710 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $63,232 | $56,199+12.5% | $67,652-6.5% | $59,632+6.0% |
| Participation rate | 57.3% | 71.5%-14.2pp | 75.7%-18.4pp | 68.7%-11.4pp |
| Annual return | 1.36% | 18505.31%-18503.9pp | 6625.04%-6623.7pp | 2041.28%-2039.9pp |
| Employer contribution / active EE | $0 | $1,614-100.0% | $2,266-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $1,334 | $2,844-53.1% | $3,560-62.5% | $3,192-58.2% |
| Admin fee / account holder | $26 | $3,958-99.3% | $4,821-99.5% | $4,297-99.4% |