Filed May 27, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $36,274 |
Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 27 · EIN 13-5674085 | Advisory (Plan) | $10,185 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $57,338 | $47,977+19.5% | $154,111-62.8% | $56,287+1.9% |
| Participation rate | 98.9% | 66.2%+32.7pp | 83.0%+15.8pp | 69.9%+29.0pp |
| Annual return | -0.07% | 3.54%-3.6pp | 735.18%-735.3pp | -9.96%+9.9pp |
| Employer contribution / active EE | $6,356 | $2,169+193.1% | $5,298+20.0% | $2,111+201.1% |
| Participant deferral / active EE | $4,305 | $2,392+80.0% | $5,081-15.3% | $3,350+28.5% |
| Admin fee / account holder | $182 | $438-58.6% | $13,411-98.6% | $521-65.2% |