Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 8-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASS MUTUAL Service code 15 · EIN 04-1590850 | Recordkeeping | $945 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $9,300 | $79,557-88.3% | $118,746-92.2% | $70,126-86.7% |
| Participation rate | 56.9% | 71.4%-14.4pp | 78.3%-21.4pp | 69.5%-12.6pp |
| Annual return | 13.89% | 25.64%-11.7pp | 24.54%-10.6pp | 73.15%-59.3pp |
| Employer contribution / active EE | $728 | $2,861-74.6% | $4,193-82.6% | $2,343-68.9% |
| Participant deferral / active EE | $1,476 | $4,089-63.9% | $5,332-72.3% | $3,332-55.7% |
| Admin fee / account holder | $0 | $5,374-100.0% | $10,720-100.0% | $4,645-100.0% |