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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $15,375 |
Service code 49 · EIN 36-3429599 | Other Services | $27 |
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 | $67,697 | $83,485-18.9% | $125,192-45.9% | $72,975-7.2% |
| Participation rate | 62.0% | 73.3%-11.3pp | 79.8%-17.8pp | 69.5%-7.5pp |
| Annual return | 19.54% | 25.77%-6.2pp | 43.79%-24.2pp | 81.01%-61.5pp |
| Employer contribution / active EE | $2,500 | $2,346+6.6% | $3,866-35.3% | $2,440+2.5% |
| Participant deferral / active EE | $5,699 | $3,586+58.9% | $4,937+15.4% | $3,608+58.0% |
| Admin fee / account holder | $131 | $5,518-97.6% | $9,704-98.6% | $5,124-97.4% |