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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $6,919 |
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 | $23,334 | $50,637-53.9% | $86,582-73.0% | $62,293-62.5% |
| Participation rate | 66.7% | 67.9%-1.2pp | 73.5%-6.9pp | 69.5%-2.8pp |
| Annual return | 15.13% | 20.80%-5.7pp | 965.08%-950.0pp | 28.90%-13.8pp |
| Employer contribution / active EE | $551 | $2,075-73.5% | $2,839-80.6% | $2,042-73.0% |
| Participant deferral / active EE | $2,338 | $2,611-10.5% | $3,609-35.2% | $3,169-26.2% |
| Admin fee / account holder | $41 | $413-90.0% | $4,904-99.2% | $479-91.4% |