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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $4,225 |
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 | $29,712 | $63,924-53.5% | $108,582-72.6% | $55,167-46.1% |
| Participation rate | 90.0% | 74.3%+15.7pp | 79.6%+10.4pp | 69.0%+21.0pp |
| Annual return | 7.06% | 15.31%-8.3pp | -51.70%+58.8pp | 169.23%-162.2pp |
| Employer contribution / active EE | $709 | $1,879-62.3% | $3,758-81.1% | $1,963-63.9% |
| Participant deferral / active EE | $2,198 | $3,067-28.3% | $4,311-49.0% | $3,054-28.0% |
| Admin fee / account holder | $20 | $618-96.8% | $7,645-99.7% | $504-96.1% |