Filed December 10, 1997
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 49 · EIN 04-1590850 | Other Services | $212,767 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS LLC Service code 27 · EIN 34-1542819 | Advisory (Plan) | $114,532 |
NATIONAL BENEFIT SERVICES, LLC5+ years Service code 15 · EIN 20-3886993 | Recordkeeping | $45,813 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $241,889 | $99,957+142.0% | $149,696+61.6% | $73,488+229.2% |
| Participation rate | 91.0% | 75.7%+15.3pp | 82.5%+8.5pp | 70.7%+20.3pp |
| Annual return | 14.40% | 53.87%-39.5pp | 276.60%-262.2pp | 28.51%-14.1pp |
| Employer contribution / active EE | $8,154 | $3,191+155.5% | $4,644+75.6% | $2,270+259.2% |
| Participant deferral / active EE | $6,588 | $6,073+8.5% | $6,842-3.7% | $3,740+76.2% |
| Admin fee / account holder | $1,333 | $551+142.0% | $9,309-85.7% | $513+159.7% |