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| Provider | Service type | Compensation |
|---|---|---|
Service code 53 · EIN 13-5674085 | Insurance Commissions | $9,971 |
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $5,068 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 60 | Sub-TA Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $47,895 | $70,002-31.6% | $115,038-58.4% | $52,331-8.5% |
| Participation rate | 51.5% | 72.1%-20.6pp | 81.4%-29.8pp | 68.1%-16.6pp |
| Annual return | 0.30% | 4.04%-3.7pp | 26.14%-25.8pp | 4.54%-4.2pp |
| Employer contribution / active EE | $2,387 | $2,715-12.1% | $4,608-48.2% | $1,882+26.9% |
| Participant deferral / active EE | $3,604 | $4,920-26.7% | $6,026-40.2% | $3,022+19.3% |
| Admin fee / account holder | $58 | $566-89.7% | $8,175-99.3% | $592-90.2% |