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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $2,157 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $105 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $30,606 | $155,795-80.4% | $136,298-77.5% | $69,631-56.0% |
| Participation rate | 78.2% | 75.2%+3.0pp | 81.9%-3.7pp | 70.7%+7.5pp |
| Annual return | 60.24% | 232464.33%-232404.1pp | 5156.27%-5096.0pp | 27571.02%-27510.8pp |
| Employer contribution / active EE | $3,536 | $2,991+18.2% | $4,696-24.7% | $2,032+74.0% |
| Participant deferral / active EE | $7,403 | $5,394+37.3% | $6,247+18.5% | $3,224+129.6% |
| Admin fee / account holder | $4 | $128-96.6% | $9,244-100.0% | $110-96.0% |