Filed October 26, 2016 (most recent of 7 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
FID INV INST OPS CO1 year Filed as: FID INV INST OPS Service code 37 · EIN 04-2647786 | Loan Processing | $353,797 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 62 · EIN 04-1590850 | Float revenue; Recordkeeping fees | $342,349 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $210,474 | $118,441+77.7% | $151,634+38.8% | $89,433+135.3% |
| Participation rate | 53.6% | 88.0%-34.4pp | 87.5%-33.9pp | 71.3%-17.7pp |
| Annual return | -11.98% | -9.10%-2.9pp | 3.32%-15.3pp | -11.88%-0.1pp |
| Employer contribution / active EE | $4,133 | $4,770-13.4% | $6,165-33.0% | $3,021+36.8% |
| Participant deferral / active EE | $9,135 | $7,648+19.4% | $8,363+9.2% | $5,125+78.3% |
| Admin fee / account holder | $41 | $90-53.9% | $11,614-99.6% | $79-48.0% |