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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASS MUTUAL LIFE INSURANCE CO. Service code 49 · EIN 04-1590850 | Other Services | $24,507 |
Filed as: MASSACHUSETTS MUTUAL LIFE INC. CO Service code 13 | Contract Administrator | $13,715 |
LINK MURREL & CHANG, LLP3 years Filed as: NY LINK INSURANCE AGENCY, INC. Service code 53 · EIN 13-3929029 | Insurance Commissions | $0 |
Filed as: RED BANNK PENSION SERVICES, INC. Service code 13 · EIN 22-2755716 | Contract Administrator | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $21,079 | $84,948-75.2% | $70,494-70.1% | $73,412-71.3% |
| Participation rate | 83.3% | 79.9%+3.4pp | 75.1%+8.3pp | 72.2%+11.2pp |
| Annual return | 3.18% | 13.39%-10.2pp | 109.16%-106.0pp | 59.30%-56.1pp |
| Employer contribution / active EE | $1,595 | $2,834-43.7% | $2,738-41.8% | $2,234-28.6% |
| Participant deferral / active EE | $1,513 | $3,387-55.3% | $3,711-59.2% | $3,806-60.2% |
| Admin fee / account holder | $86 | $98-12.1% | $3,848-97.8% | $158-45.4% |