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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $9,013 |
Filed as: MESIROW FINANCIAL INVESTMENT Service code 49 · EIN 36-3429599 | Other Services | $20 |
Service code 27 · EIN 61-1732930 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $53,457 | $75,284-29.0% | $91,004-41.3% | $69,631-23.2% |
| Participation rate | 60.6% | 80.4%-19.8pp | 75.6%-15.0pp | 70.7%-10.1pp |
| Annual return | 18.76% | 48.40%-29.6pp | 4.60%+14.2pp | 27571.02%-27552.3pp |
| Employer contribution / active EE | $1,043 | $2,473-57.8% | $2,456-57.5% | $2,032-48.7% |
| Participant deferral / active EE | $4,463 | $3,700+20.6% | $3,548+25.8% | $3,224+38.4% |
| Admin fee / account holder | $24 | $111-78.6% | $5,417-99.6% | $110-78.6% |