Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $161 |
Service code 27 · EIN 61-1732930 | Advisory (Plan) | $0 |
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.
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 | $22,102 | $59,191-62.7% | $76,767-71.2% | $56,289-60.7% |
| Participation rate | 30.6% | 75.2%-44.7pp | 77.0%-46.4pp | 69.9%-39.3pp |
| Annual return | 9.38% | 6.62%+2.8pp | 2.43%+7.0pp | -9.96%+19.3pp |
| Employer contribution / active EE | $794 | $1,759-54.9% | $2,485-68.1% | $2,111-62.4% |
| Participant deferral / active EE | $1,168 | $3,255-64.1% | $3,852-69.7% | $3,350-65.1% |
| Admin fee / account holder | $93 | $489-81.0% | $6,675-98.6% | $521-82.2% |