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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASS MUTUAL LIFE INSURANCE COMPANY Service code 15 · EIN 04-1590850 P.O. BOX 1583 · HARTFORD, CT 061441583 | Recordkeeping | $9,523 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $21,497 | $50,464-57.4% | $75,784-71.6% | $52,331-58.9% |
| Participation rate | 94.1% | 66.8%+27.3pp | 75.8%+18.2pp | 68.1%+26.0pp |
| Annual return | -1.01% | 1.03%-2.0pp | 9.68%-10.7pp | 4.54%-5.5pp |
| Employer contribution / active EE | $255 | $1,988-87.2% | $3,323-92.3% | $1,882-86.4% |
| Participant deferral / active EE | $1,374 | $2,570-46.5% | $3,652-62.4% | $3,022-54.5% |
| Admin fee / account holder | $69 | $1,103-93.7% | $5,300-98.7% | $592-88.3% |