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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASS MUTUAL Service code 62 | Float revenue | $36,105 |
Filed as: MASSACHCHUSETTS MUTUAL LIFE INS. CO Service code 62 · EIN 04-1590850 P.O. BOX 1583 · HARTFORD, CT 061441583 | Float revenue; Recordkeeping fees; In... | $350 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $21,415 | $63,924-66.5% | $108,582-80.3% | $55,167-61.2% |
| Participation rate | 79.5% | 74.3%+5.1pp | 79.6%-0.1pp | 69.0%+10.5pp |
| Annual return | 7.90% | 15.31%-7.4pp | -51.70%+59.6pp | 169.23%-161.3pp |
| Employer contribution / active EE | $3,761 | $1,879+100.1% | $3,758+0.1% | $1,963+91.6% |
| Participant deferral / active EE | $2,454 | $3,067-20.0% | $4,311-43.1% | $3,054-19.6% |
| Admin fee / account holder | $2 | $618-99.7% | $7,645-100.0% | $504-99.7% |