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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE COMPANY Service code 15 · EIN 04-1590850 | Recordkeeping | $10,182 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $13,900 | $63,346-78.1% | $92,240-84.9% | $70,126-80.2% |
| Participation rate | 73.2% | 68.7%+4.5pp | 76.5%-3.3pp | 69.5%+3.7pp |
| Annual return | 18.02% | 530.19%-512.2pp | 176.29%-158.3pp | 73.15%-55.1pp |
| Employer contribution / active EE | $590 | $2,471-76.1% | $3,680-84.0% | $2,343-74.8% |
| Participant deferral / active EE | $716 | $2,854-74.9% | $3,897-81.6% | $3,332-78.5% |
| Admin fee / account holder | $114 | $3,841-97.0% | $5,194-97.8% | $4,645-97.5% |