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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $1,393 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $81,822 | $105,200-22.2% | $159,474-48.7% | $85,847-4.7% |
| Participation rate | 55.8% | 75.8%-20.0pp | 82.8%-27.1pp | 69.3%-13.5pp |
| Annual return | 13.90% | 45.08%-31.2pp | 263.68%-249.8pp | 318.61%-304.7pp |
| Employer contribution / active EE | $2,628 | $3,319-20.8% | $4,831-45.6% | $2,565+2.4% |
| Participant deferral / active EE | $5,107 | $5,946-14.1% | $7,353-30.5% | $3,952+29.2% |
| Admin fee / account holder | $20 | $6,934-99.7% | $10,802-99.8% | $6,261-99.7% |