Filed April 23, 2024 (most recent of 4 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
ALIGHT SOLUTIONS LLC2 years Service code 15 200 WEST STREET · WALTHAM, MA 02451 | Recordkeeping | $3,300,014 |
Filed as: WILLIS TOWERS WATSON LLC Service code 11 · EIN 53-0181291 | Actuarial | $1,100,667 |
Filed as: MASS GENERAL BRIGHAM Service code 13 · EIN 04-3294527 | Contract Administrator | $590,396 |
STATE STREET GLOBAL ADVISORS5+ years Filed as: STATE STREET CORPORATION Service code 21 · EIN 04-1867445 | Bank Trustee | $271,966 |
CONDUENT HR CONSULTING, LLC2 years Filed as: CONDUENT Service code 15 · EIN 16-0468020 | Recordkeeping | $85,100 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | MASS GENERAL BRIGHAM | EMPLOYER PAYMENT INADVERTENTLY MADE TO EMPLOYEE WHO IS NOT A PARTICIPANT IN THE PLAN. | — | — |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $0 | $220,428-100.0% | - |
| Participation rate | 0.0% | 0.0%0pp | 43.5%-43.5pp | 0.0%0pp |
| Annual return | 11.09% | 13.80%-2.7pp | 90.61%-79.5pp | 13.80%-2.7pp |
| Employer contribution / active EE | $8,319 | $10,386-19.9% | $32,730-74.6% | $10,386-19.9% |
| Participant deferral / active EE | $2 | $448-99.5% | $40-94.4% | $448-99.5% |
| Admin fee / account holder | $0 | $0 | $12,805-100.0% | - |