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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $1,924 |
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 | $18,493 | $39,859-53.6% | $78,676-76.5% | $57,658-67.9% |
| Participation rate | 55.7% | 66.1%-10.4pp | 73.6%-17.9pp | 70.2%-14.6pp |
| Annual return | 22.72% | 18.96%+3.8pp | 62.19%-39.5pp | 5.13%+17.6pp |
| Employer contribution / active EE | $783 | $1,786-56.1% | $2,850-72.5% | $1,974-60.3% |
| Participant deferral / active EE | $1,898 | $2,248-15.6% | $3,517-46.0% | $3,061-38.0% |
| Admin fee / account holder | $9 | $76-87.6% | $4,510-99.8% | $95-90.0% |