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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $34,387 |
QBI, LLC2 years Service code 13 · EIN 26-2768667 | Contract Administrator | $3,217 |
NORTH RIDGE SECURITIES CORP3+ years Service code 53 · EIN 11-3022165 | Insurance Commissions | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $27,122 | $31,424-13.7% | $81,473-66.7% | $69,631-61.0% |
| Participation rate | 51.2% | 50.8%+0.4pp | 68.0%-16.7pp | 70.7%-19.4pp |
| Annual return | 14.31% | 22.44%-8.1pp | 38.78%-24.5pp | 27571.02%-27556.7pp |
| Employer contribution / active EE | $1,057 | $1,029+2.7% | $2,568-58.8% | $2,032-48.0% |
| Participant deferral / active EE | $2,371 | $1,838+29.0% | $3,537-33.0% | $3,224-26.5% |
| Admin fee / account holder | $115 | $103+12.1% | $4,561-97.5% | $110+4.1% |