Filed October 21, 1994
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 7-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSCHUSETTS MUTUAL LIFE INS. Service code 52 · EIN 04-1590850 1500 MAIN STREET · SPRINGFIELD, MA 01115 | Indirect Investment Fees | $1,040,307 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,480 | $61,156-64.9% | $185,823-88.4% | $79,386-72.9% |
| Participation rate | 30.3% | 66.6%-36.3pp | 81.7%-51.4pp | 70.7%-40.4pp |
| Annual return | 14.15% | 19.45%-5.3pp | 122.05%-107.9pp | 116.85%-102.7pp |
| Employer contribution / active EE | $280 | $2,321-87.9% | $5,167-94.6% | $2,427-88.5% |
| Participant deferral / active EE | $1,101 | $2,789-60.5% | $5,568-80.2% | $4,046-72.8% |
| Admin fee / account holder | $58 | $710-91.8% | $16,237-99.6% | $626-90.7% |