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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $11,160 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $1,601 | $46,173-96.5% | $170,435-99.1% | $69,631-97.7% |
| Participation rate | 85.3% | 63.9%+21.4pp | 83.6%+1.7pp | 70.7%+14.6pp |
| Annual return | 24.38% | 21.62%+2.8pp | 205.94%-181.6pp | 27571.02%-27546.6pp |
| Employer contribution / active EE | $17 | $1,610-99.0% | $5,432-99.7% | $2,032-99.2% |
| Participant deferral / active EE | $1,141 | $2,080-45.1% | $4,939-76.9% | $3,224-64.6% |
| Admin fee / account holder | $11 | $116-90.2% | $13,881-99.9% | $110-89.7% |