Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $6,918 |
Service code 11 · EIN 45-4208939 | Actuarial | $6,603 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $87,101 | $47,922+81.8% | $75,894+14.8% | $65,185+33.6% |
| Participation rate | 52.9% | 63.0%-10.1pp | 69.3%-16.4pp | 70.2%-17.3pp |
| Annual return | 19.72% | 24.12%-4.4pp | 30.76%-11.0pp | 29.38%-9.7pp |
| Employer contribution / active EE | $197 | $1,557-87.3% | $2,501-92.1% | $2,177-90.9% |
| Participant deferral / active EE | $1,360 | $2,550-46.7% | $3,603-62.2% | $3,514-61.3% |
| Admin fee / account holder | $196 | $532-63.1% | $5,420-96.4% | $847-76.9% |