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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASS MUTUAL LIFE INSURANCE CO Service code 15 · EIN 04-1590850 | Recordkeeping | $7,899 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $8,567 | $31,109-72.5% | $67,704-87.3% | $52,331-83.6% |
| Participation rate | 72.6% | 54.0%+18.7pp | 67.5%+5.1pp | 68.1%+4.5pp |
| Annual return | -0.37% | 23.70%-24.1pp | 25.41%-25.8pp | 4.54%-4.9pp |
| Employer contribution / active EE | $2,245 | $1,076+108.7% | $2,559-12.3% | $1,882+19.3% |
| Participant deferral / active EE | $1,043 | $1,970-47.1% | $3,585-70.9% | $3,022-65.5% |
| Admin fee / account holder | $37 | $466-92.1% | $4,255-99.1% | $592-93.8% |