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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $485 |
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $34,849 | $52,639-33.8% | $185,117-81.2% | $62,293-44.1% |
| Participation rate | 75.7% | 63.9%+11.8pp | 77.3%-1.6pp | 69.5%+6.1pp |
| Annual return | 16.63% | 19.57%-2.9pp | 40.50%-23.9pp | 28.90%-12.3pp |
| Employer contribution / active EE | $1,970 | $1,483+32.8% | $4,182-52.9% | $2,042-3.6% |
| Participant deferral / active EE | $3,709 | $3,097+19.8% | $5,045-26.5% | $3,169+17.0% |
| Admin fee / account holder | $5 | $374-98.8% | $8,159-99.9% | $479-99.0% |