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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $1,390 |
Filed as: ENVESTNET RETIREMENT SOLUTIONS Service code 28 · EIN 61-1732930 | Investment Management | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $67,649 | $86,341-21.6% | $125,195-46.0% | $65,186+3.8% |
| Participation rate | 54.1% | 75.3%-21.3pp | 79.8%-25.7pp | 70.2%-16.1pp |
| Annual return | 21.65% | 27.44%-5.8pp | 43.79%-22.1pp | 29.39%-7.7pp |
| Employer contribution / active EE | $1,020 | $2,040-50.0% | $3,866-73.6% | $2,177-53.1% |
| Participant deferral / active EE | $1,718 | $3,538-51.4% | $4,937-65.2% | $3,514-51.1% |
| Admin fee / account holder | $16 | $609-97.4% | $9,704-99.8% | $847-98.1% |