Filed May 5, 2021
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $150 |
RELIANCE TRUST COMPANY1 year Service code 19 · EIN 58-1428634 | Securities Custodian | $132 |
Filed as: MESIROW FINANCIAL INVESTMENT MGT Service code 49 · EIN 36-3429599 | Other Services | $20 |
Service code 28 · EIN 61-1732930 | Investment Management | $0 |
Filed as: MASSACHUESTTS MUTUAL LIFE INSURANCE Service code 15 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $16,491 | $47,977-65.6% | $154,108-89.3% | $56,289-70.7% |
| Participation rate | 14.3% | 66.2%-51.9pp | 83.0%-68.8pp | 69.9%-55.6pp |
| Annual return | 5.12% | 3.54%+1.6pp | 735.21%-730.1pp | -9.96%+15.1pp |
| Employer contribution / active EE | $0 | $2,169-100.0% | $5,298-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $264 | $2,392-89.0% | $5,081-94.8% | $3,350-92.1% |
| Admin fee / account holder | $30 | $438-93.2% | $13,411-99.8% | $521-94.3% |