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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 | $71,030 | $50,666+40.2% | $76,657-7.3% | $65,185+9.0% |
| Participation rate | 100.0% | 68.8%+31.2pp | 72.1%+27.9pp | 70.2%+29.8pp |
| Annual return | 20.52% | 28.51%-8.0pp | 1166.74%-1146.2pp | 29.38%-8.9pp |
| Employer contribution / active EE | $5,674 | $1,575+260.3% | $2,303+146.4% | $2,177+160.6% |
| Participant deferral / active EE | $4,304 | $2,647+62.6% | $3,335+29.1% | $3,514+22.5% |
| Admin fee / account holder | $317 | $463-31.5% | $6,423-95.1% | $847-62.6% |