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| Provider | Service type | Compensation |
|---|---|---|
THE BENEFIT PRACTICE1+ years Service code 15 · EIN 13-4144565 | Recordkeeping | $438 |
Filed as: MASS MUTUAL Service code 15 · EIN 04-1590850 | Recordkeeping | $135 |
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 | $67,132 | $44,425+51.1% | $67,834-1.0% | $55,167+21.7% |
| Participation rate | 47.6% | 59.7%-12.1pp | 68.8%-21.2pp | 69.0%-21.4pp |
| Annual return | 7.89% | 17.80%-9.9pp | 138.47%-130.6pp | 169.23%-161.3pp |
| Employer contribution / active EE | $814 | $1,351-39.7% | $2,403-66.1% | $1,963-58.5% |
| Participant deferral / active EE | $1,878 | $2,166-13.3% | $3,160-40.6% | $3,054-38.5% |
| Admin fee / account holder | $7 | $530-98.7% | $4,622-99.9% | $504-98.7% |