Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $340 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $21,243 | $51,244-58.5% | $80,977-73.8% | $55,167-61.5% |
| Participation rate | 68.1% | 71.7%-3.6pp | 75.8%-7.7pp | 69.0%-0.9pp |
| Annual return | 33.56% | 17.39%+16.2pp | 17.11%+16.5pp | 169.23%-135.7pp |
| Employer contribution / active EE | $1,105 | $1,770-37.6% | $3,715-70.3% | $1,963-43.7% |
| Participant deferral / active EE | $4,308 | $4,418-2.5% | $5,696-24.4% | $3,054+41.0% |
| Admin fee / account holder | $31 | $398-92.2% | $5,517-99.4% | $504-93.8% |