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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASS MUTUAL LIFE INSURANCE COMPANY Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $252,654 |
QUALIFIED PLANS, LLC2+ years Service code 13 · EIN 58-2605083 | Contract Administrator | $88,891 |
QUALIEID PLANS, LLC1 year Service code 13 | Contract Administrator | $12,997 |
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 | $3,595 | $32,530-88.9% | $106,619-96.6% | $63,975-94.4% |
| Participation rate | 89.8% | 55.7%+34.1pp | 78.0%+11.8pp | 71.1%+18.7pp |
| Annual return | 10.69% | 8.92%+1.8pp | 9.42%+1.3pp | 48.65%-38.0pp |
| Employer contribution / active EE | $342 | $724-52.8% | $3,947-91.3% | $2,182-84.3% |
| Participant deferral / active EE | $632 | $1,383-54.3% | $3,930-83.9% | $3,356-81.2% |
| Admin fee / account holder | $53 | $61-13.6% | $6,418-99.2% | $70-25.1% |