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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL Service code 15 · EIN 04-1590850 | Recordkeeping | $1,565 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,739 | $65,118+4.0% | $76,767-11.8% | $55,725+21.6% |
| Participation rate | 83.3% | 79.6%+3.7pp | 77.0%+6.3pp | 70.9%+12.4pp |
| Annual return | -2.63% | -1.27%-1.4pp | 2.43%-5.1pp | 244.93%-247.6pp |
| Employer contribution / active EE | $4,795 | $1,941+147.1% | $2,485+93.0% | $2,078+130.7% |
| Participant deferral / active EE | $816 | $3,688-77.9% | $3,852-78.8% | $3,356-75.7% |
| Admin fee / account holder | $402 | $116+246.6% | $6,675-94.0% | $115+248.6% |