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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $2,981 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $9,886 | $55,453-82.2% | $170,435-94.2% | $62,293-84.1% |
| Participation rate | 97.1% | 66.4%+30.7pp | 83.6%+13.5pp | 69.5%+27.6pp |
| Annual return | 13.45% | 21.38%-7.9pp | 205.94%-192.5pp | 28.90%-15.4pp |
| Employer contribution / active EE | $2,357 | $2,164+8.9% | $5,432-56.6% | $2,042+15.4% |
| Participant deferral / active EE | $915 | $2,303-60.3% | $4,939-81.5% | $3,169-71.1% |
| Admin fee / account holder | $14 | $455-97.0% | $13,881-99.9% | $479-97.1% |