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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850 1100 SW 6TH AVENUE · SPRINGFIELD, MA 011110001 | Indirect Investment Fees | $51,068 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $58,573 | $43,504+34.6% | $68,612-14.6% | $56,289+4.1% |
| Participation rate | 98.3% | 67.8%+30.5pp | 72.2%+26.1pp | 69.9%+28.5pp |
| Annual return | -5.59% | -3.15%-2.4pp | -4.63%-1.0pp | -9.96%+4.4pp |
| Employer contribution / active EE | $5,236 | $1,525+243.3% | $2,625+99.5% | $2,111+148.0% |
| Participant deferral / active EE | $3,831 | $2,509+52.7% | $3,311+15.7% | $3,350+14.4% |
| Admin fee / account holder | $311 | $515-39.6% | $5,131-93.9% | $521-40.3% |