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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 64 · EIN 04-1590850 | Recordkeeping Fees | $297,961 |
Service code 13 · EIN 06-1050034 | Contract Administrator | $4,442 |
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).
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 | $13,700 | $45,382-69.8% | $154,108-91.1% | $75,289-81.8% |
| Participation rate | 100.0% | 65.9%+34.1pp | 83.0%+17.0pp | 72.4%+27.6pp |
| Annual return | -5.15% | -0.47%-4.7pp | 735.21%-740.4pp | -0.04%-5.1pp |
| Employer contribution / active EE | $525 | $1,533-65.7% | $5,298-90.1% | $2,405-78.2% |
| Participant deferral / active EE | $1,172 | $2,384-50.8% | $5,081-76.9% | $3,739-68.6% |
| Admin fee / account holder | $123 | $89+38.2% | $13,411-99.1% | $102+20.6% |