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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL Service code 15 · EIN 04-1590850 | Recordkeeping | $350 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $70,687 | $65,376+8.1% | $87,104-18.8% | $65,185+8.4% |
| Participation rate | 93.2% | 75.3%+17.8pp | 76.9%+16.3pp | 70.2%+23.0pp |
| Annual return | 12.80% | 31.27%-18.5pp | 28.19%-15.4pp | 29.38%-16.6pp |
| Employer contribution / active EE | $5,128 | $1,822+181.4% | $2,521+103.4% | $2,177+135.6% |
| Participant deferral / active EE | $884 | $3,388-73.9% | $4,048-78.2% | $3,514-74.9% |
| Admin fee / account holder | $355 | $520-31.7% | $7,491-95.3% | $847-58.1% |