Filed November 8, 2014 (most recent of 4 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASS MUTUAL RETIREMENT SER, LLC Service code 15 · EIN 26-1589907 1295 STATE STREET · SPRINGFIELD, MA 011110001 | Recordkeeping | $43,049 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,321 | $50,498+45.2% | $75,781-3.2% | $55,191+32.8% |
| Participation rate | 50.8% | 69.4%-18.6pp | 75.8%-25.0pp | 69.2%-18.4pp |
| Annual return | -0.42% | 1.80%-2.2pp | 9.68%-10.1pp | 10.78%-11.2pp |
| Employer contribution / active EE | $288 | $2,291-87.4% | $3,323-91.3% | $1,899-84.8% |
| Participant deferral / active EE | $2,138 | $2,589-17.4% | $3,651-41.4% | $3,046-29.8% |
| Admin fee / account holder | $176 | $123+42.8% | $5,299-96.7% | $91+93.6% |