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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $10,553 | $47,977-78.0% | $154,114-93.2% | $56,287-81.3% |
| Participation rate | 76.8% | 66.2%+10.7pp | 83.0%-6.2pp | 69.9%+7.0pp |
| Annual return | -8.23% | 3.54%-11.8pp | 735.16%-743.4pp | -9.96%+1.7pp |
| Employer contribution / active EE | $643 | $2,169-70.3% | $5,298-87.9% | $2,111-69.5% |
| Participant deferral / active EE | $938 | $2,392-60.8% | $5,081-81.5% | $3,350-72.0% |
| Admin fee / account holder | $55 | $438-87.5% | $13,411-99.6% | $521-89.4% |