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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $1,271 |
RELIANCE TRUST COMPANY1+ years Service code 25 · EIN 58-1428634 | Directed Trustee | $400 |
Service code 27 · EIN 36-3429599 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $62,060 | $70,002-11.3% | $115,038-46.1% | $52,331+18.6% |
| Participation rate | 49.7% | 72.1%-22.4pp | 81.4%-31.7pp | 68.1%-18.4pp |
| Annual return | 2.10% | 4.04%-1.9pp | 26.14%-24.0pp | 4.54%-2.4pp |
| Employer contribution / active EE | $506 | $2,715-81.4% | $4,608-89.0% | $1,882-73.1% |
| Participant deferral / active EE | $2,571 | $4,920-47.7% | $6,026-57.3% | $3,022-14.9% |
| Admin fee / account holder | $9 | $566-98.5% | $8,175-99.9% | $592-98.5% |