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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL Service code 15 · EIN 04-1590850 1350 MAIN ST · SPRINGFIELD, MA 01103 | Recordkeeping | $1,192 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $19,628 | $52,884-62.9% | $84,753-76.8% | $55,167-64.4% |
| Participation rate | 90.5% | 67.5%+23.0pp | 76.6%+13.9pp | 69.0%+21.5pp |
| Annual return | 48.35% | 18.03%+30.3pp | 22.78%+25.6pp | 169.23%-120.9pp |
| Employer contribution / active EE | $35 | $2,233-98.4% | $3,574-99.0% | $1,963-98.2% |
| Participant deferral / active EE | $1,732 | $2,644-34.5% | $3,712-53.3% | $3,054-43.3% |
| Admin fee / account holder | $6 | $581-99.0% | $5,333-99.9% | $504-98.9% |