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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $25 |
Filed as: MESIROW FINANCIAL INVESTMENT Service code 27 · EIN 36-3429599 | Advisory (Plan) | $0 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $21,882 | $46,732-53.2% | $156,551-86.0% | $55,167-60.3% |
| Participation rate | 86.8% | 65.8%+21.0pp | 84.0%+2.8pp | 69.0%+17.9pp |
| Annual return | 14.61% | 17.72%-3.1pp | 32.23%-17.6pp | 169.23%-154.6pp |
| Employer contribution / active EE | $2,166 | $2,105+2.9% | $5,501-60.6% | $1,963+10.4% |
| Participant deferral / active EE | $5,033 | $2,204+128.3% | $4,871+3.3% | $3,054+64.8% |
| Admin fee / account holder | $0 | $418-100.0% | $13,028-100.0% | $504-100.0% |