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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $1,072 |
RELIANCE TRUST COMPANY3+ years Service code 25 · EIN 58-1428634 | Directed Trustee | $400 |
Service code 27 · EIN 61-1732930 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $71,678 | $80,753-11.2% | $136,298-47.4% | $62,293+15.1% |
| Participation rate | 44.8% | 73.5%-28.8pp | 81.9%-37.1pp | 69.5%-24.7pp |
| Annual return | 18.22% | 35.83%-17.6pp | 5156.27%-5138.0pp | 28.90%-10.7pp |
| Employer contribution / active EE | $463 | $2,884-83.9% | $4,696-90.1% | $2,042-77.3% |
| Participant deferral / active EE | $2,398 | $5,164-53.6% | $6,247-61.6% | $3,169-24.3% |
| Admin fee / account holder | $75 | $525-85.7% | $9,244-99.2% | $479-84.4% |