Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $3,020 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $29,857 | $81,537-63.4% | $149,721-80.1% | $69,631-57.1% |
| Participation rate | 58.8% | 86.1%-27.3pp | 87.1%-28.2pp | 70.7%-11.8pp |
| Annual return | 81.24% | 22.79%+58.5pp | 1501.67%-1420.4pp | 27571.02%-27489.8pp |
| Employer contribution / active EE | $0 | $3,239-100.0% | $5,444-100.0% | $2,032-100.0% |
| Participant deferral / active EE | $2,616 | $4,994-47.6% | $6,568-60.2% | $3,224-18.9% |
| Admin fee / account holder | $14 | $107-87.0% | $11,282-99.9% | $110-87.5% |