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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $1,250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $81,250 | $58,493+38.9% | $84,023-3.3% | $72,976+11.3% |
| Participation rate | 64.6% | 61.2%+3.4pp | 69.0%-4.4pp | 69.5%-4.9pp |
| Annual return | 17.96% | 28.93%-11.0pp | 71.32%-53.4pp | 81.02%-63.1pp |
| Employer contribution / active EE | $825 | $1,163-29.1% | $1,984-58.4% | $2,440-66.2% |
| Participant deferral / active EE | $1,659 | $2,394-30.7% | $3,239-48.8% | $3,608-54.0% |
| Admin fee / account holder | $202 | $4,569-95.6% | $6,102-96.7% | $5,124-96.1% |