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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $534 |
CBIZ RETIREMENT PLAN SERVICES1+ years Filed as: CBIZ BENEFITS & INSURANCE SERVICES Service code 15 · EIN 31-1582098 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $56,139 | $43,550+28.9% | $63,244-11.2% | $52,331+7.3% |
| Participation rate | 57.0% | 65.7%-8.7pp | 71.0%-14.0pp | 68.1%-11.1pp |
| Annual return | -1.33% | 2.03%-3.4pp | -70.31%+69.0pp | 4.54%-5.9pp |
| Employer contribution / active EE | $1,007 | $1,351-25.5% | $2,322-56.7% | $1,882-46.5% |
| Participant deferral / active EE | $1,555 | $2,254-31.0% | $2,953-47.3% | $3,022-48.5% |
| Admin fee / account holder | $25 | $387-93.7% | $5,893-99.6% | $592-95.9% |