Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC Service code 15 · EIN 26-1589907 | Recordkeeping | $2,535 |
BKD, LLP1+ years Filed as: DIXON HUGHES GOODMAN LLP Service code 13 · EIN 56-0747981 | Contract Administrator | $0 |
Filed as: MASS MUTUAL RETIREMENT SERVICES LLC Service code 15 | Recordkeeping | $0 |
SUNTRUST BANKS, INC.1+ years Filed as: SUNTRUST INVESTMENT SVCS Service code 13 · EIN 58-1648698 | Contract Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $10,134 | $46,360-78.1% | $147,617-93.1% | $52,331-80.6% |
| Participation rate | 51.7% | 64.9%-13.2pp | 84.6%-32.9pp | 68.1%-16.4pp |
| Annual return | 12.83% | 1.62%+11.2pp | 61.98%-49.2pp | 4.54%+8.3pp |
| Employer contribution / active EE | $343 | $2,126-83.9% | $5,564-93.8% | $1,882-81.8% |
| Participant deferral / active EE | $798 | $2,258-64.7% | $4,895-83.7% | $3,022-73.6% |
| Admin fee / account holder | $119 | $766-84.5% | $11,612-99.0% | $592-80.0% |