Filed February 20, 2017 (most recent of 3 filings on file)
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.
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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 610 S BRYANT · SANT ANGELO, TX 76904 | Advisory (Plan) | $9,515 |
Service code 64 5503 W WATERS AVENUE · TAMPA, FL 33634 | Recordkeeping Fees | $4,215 |
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 62 · EIN 04-1590850 | Recordkeeping fees; Float revenue; In... | $760 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $37,977 | $63,156-39.9% | $122,332-69.0% | $62,292-39.0% |
| Participation rate | 52.6% | 60.0%-7.4pp | 71.6%-19.0pp | 69.5%-16.9pp |
| Annual return | 13.38% | 20.61%-7.2pp | 30.27%-16.9pp | 28.90%-15.5pp |
| Employer contribution / active EE | $741 | $1,385-46.5% | $4,050-81.7% | $2,042-63.7% |
| Participant deferral / active EE | $1,380 | $2,321-40.6% | $3,287-58.0% | $3,169-56.5% |
| Admin fee / account holder | $62 | $440-85.9% | $5,478-98.9% | $479-87.0% |