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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE COMPANY Service code 15 · EIN 04-1590850 | Recordkeeping | $3,632 |
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 | $13,559 | $57,352-76.4% | $83,831-83.8% | $64,173-78.9% |
| Participation rate | 84.9% | 68.6%+16.3pp | 76.1%+8.8pp | 69.6%+15.4pp |
| Annual return | -5.98% | 11.38%-17.4pp | 850.99%-857.0pp | 7.63%-13.6pp |
| Employer contribution / active EE | $1,413 | $2,546-44.5% | $3,631-61.1% | $2,381-40.6% |
| Participant deferral / active EE | $968 | $2,993-67.7% | $4,082-76.3% | $3,470-72.1% |
| Admin fee / account holder | $45 | $4,046-98.9% | $5,479-99.2% | $4,887-99.1% |