Filed December 28, 2022
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: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $9,271 |
Filed as: MML INVESTORS SERVICES LLC Service code 99 · EIN 04-1590850 | Other Fees | $6,667 |
Service code 26 · EIN 71-0294708 | Advisory (Participants) | $1,900 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $33,529 | $62,928-46.7% | $172,753-80.6% | $67,582-50.4% |
| Participation rate | 47.2% | 64.5%-17.3pp | 82.6%-35.5pp | 71.3%-24.1pp |
| Annual return | 23.71% | 30.36%-6.6pp | 803.00%-779.3pp | 378.57%-354.9pp |
| Employer contribution / active EE | $782 | $1,636-52.2% | $5,144-84.8% | $2,148-63.6% |
| Participant deferral / active EE | $1,913 | $2,145-10.8% | $5,198-63.2% | $3,539-46.0% |
| Admin fee / account holder | $9 | $167-94.6% | $13,956-99.9% | $142-93.6% |