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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASS MUTUAL LIFE INSURANCE CO Service code 15 · EIN 04-1590850 | Recordkeeping | $4,416 |
Service code 15 · EIN 51-0383217 1407 FOULK ROAD · WILMINGTON, DE 198032755 | Recordkeeping | $0 |
MORGAN STANLEY SMITH BARNEY1+ years Filed as: MORGAN STANLEY INS SVCS INC. Service code 17 · EIN 51-0116113 | Pension Consulting | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $57,773 | $39,245+47.2% | $64,105-9.9% | $52,331+10.4% |
| Participation rate | 53.0% | 58.2%-5.3pp | 68.2%-15.2pp | 68.1%-15.1pp |
| Annual return | -1.08% | 14.79%-15.9pp | 791.24%-792.3pp | 4.54%-5.6pp |
| Employer contribution / active EE | $628 | $736-14.7% | $1,820-65.5% | $1,882-66.6% |
| Participant deferral / active EE | $2,958 | $1,992+48.5% | $2,822+4.8% | $3,022-2.1% |
| Admin fee / account holder | $28 | $592-95.3% | $4,499-99.4% | $592-95.3% |