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 LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $140 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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.
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 | $9,851 | $42,546-76.8% | $71,796-86.3% | $55,167-82.1% |
| Participation rate | 50.3% | 59.1%-8.8pp | 69.1%-18.8pp | 69.0%-18.7pp |
| Annual return | 9.93% | 12.36%-2.4pp | 78.04%-68.1pp | 169.23%-159.3pp |
| Employer contribution / active EE | $653 | $803-18.8% | $1,924-66.1% | $1,963-66.8% |
| Participant deferral / active EE | $634 | $2,064-69.3% | $2,794-77.3% | $3,054-79.2% |
| Admin fee / account holder | $1 | $650-99.9% | $4,815-100.0% | $504-99.8% |