Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INC. CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $4,545 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $21,951 | $66,319-66.9% | $93,621-76.6% | $65,185-66.3% |
| Participation rate | 63.6% | 74.0%-10.4pp | 75.8%-12.2pp | 70.2%-6.6pp |
| Annual return | 21.88% | 42.59%-20.7pp | 32.76%-10.9pp | 29.38%-7.5pp |
| Employer contribution / active EE | $957 | $2,013-52.5% | $2,719-64.8% | $2,177-56.1% |
| Participant deferral / active EE | $1,645 | $3,343-50.8% | $4,070-59.6% | $3,514-53.2% |
| Admin fee / account holder | $33 | $6,900-99.5% | $7,890-99.6% | $847-96.1% |