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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL Service code 63 | 12b-1 Fees | $12,273 |
Filed as: MASSMUTUAL RETIREMENT SERVICES LLC Service code 15 · EIN 26-1589907 | Recordkeeping | $2,238 |
FIRST CLEARING LLC6+ years Service code 55 · EIN 25-2384840 | Other Commissions | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,750 | $52,293-66.1% | $178,503-90.1% | $73,412-75.8% |
| Participation rate | 47.1% | 65.3%-18.2pp | 81.9%-34.8pp | 72.2%-25.1pp |
| Annual return | 18.14% | 34.75%-16.6pp | 151.12%-133.0pp | 59.30%-41.2pp |
| Employer contribution / active EE | $452 | $1,736-74.0% | $5,011-91.0% | $2,234-79.8% |
| Participant deferral / active EE | $621 | $2,333-73.4% | $5,202-88.1% | $3,806-83.7% |
| Admin fee / account holder | $34 | $127-73.1% | $13,987-99.8% | $158-78.3% |