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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO Service code 15 · EIN 04-1590850 PO BOX 1583 · HARTFORD, CT 061441583 | Recordkeeping | $901 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $34,264 | $85,766-60.0% | $136,298-74.9% | $70,126-51.1% |
| Participation rate | 100.0% | 74.2%+25.8pp | 81.9%+18.1pp | 69.5%+30.5pp |
| Annual return | 12.31% | 31.46%-19.1pp | 5156.27%-5144.0pp | 73.15%-60.8pp |
| Employer contribution / active EE | $2,866 | $2,966-3.4% | $4,696-39.0% | $2,343+22.3% |
| Participant deferral / active EE | $2,630 | $5,051-47.9% | $6,247-57.9% | $3,332-21.1% |
| Admin fee / account holder | $25 | $5,421-99.5% | $9,244-99.7% | $4,645-99.5% |