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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 | $1,033 |
ASCENSUS LLC1 year Filed as: ASCENSUS, INC. Service code 15 · EIN 11-3665754 | Recordkeeping | $840 |
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 | $49,806 | $77,817-36.0% | $123,553-59.7% | $64,173-22.4% |
| Participation rate | 100.0% | 74.7%+25.3pp | 82.3%+17.7pp | 69.6%+30.4pp |
| Annual return | 6.48% | 12.49%-6.0pp | 119.21%-112.7pp | 7.63%-1.2pp |
| Employer contribution / active EE | $3,161 | $3,014+4.9% | $4,628-31.7% | $2,381+32.8% |
| Participant deferral / active EE | $3,141 | $5,240-40.1% | $6,426-51.1% | $3,470-9.5% |
| Admin fee / account holder | $30 | $5,519-99.4% | $9,284-99.7% | $4,887-99.4% |