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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $481 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
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 | $12,779 | $52,279-75.6% | $89,414-85.7% | $79,852-84.0% |
| Participation rate | 94.4% | 57.5%+36.9pp | 68.0%+26.5pp | 69.6%+24.8pp |
| Annual return | 14.14% | 22.16%-8.0pp | 245.50%-231.4pp | 31.72%-17.6pp |
| Employer contribution / active EE | $550 | $1,572-65.0% | $2,586-78.7% | $2,471-77.8% |
| Participant deferral / active EE | $5,486 | $2,740+100.2% | $3,890+41.0% | $3,740+46.7% |
| Admin fee / account holder | $5 | $3,356-99.9% | $4,883-99.9% | $5,306-99.9% |