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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-5570651 | Recordkeeping | $769 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSRUANCE Service code 52 · EIN 04-1590850 1295 STATE STREET · SPRINGFIELD, MA 01111 | Indirect Investment Fees | $0 |
Filed as: ROBIN S. WEINGAST & ASSOCIATES Service code 13 · EIN 11-2859146 100 QUENTIN ROOSEVELT BLVD · GARDEN CITY, NY 11530 | Contract Administrator | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $61,002 | $78,707-22.5% | $117,861-48.2% | $70,126-13.0% |
| Participation rate | 80.8% | 73.2%+7.6pp | 79.7%+1.1pp | 69.5%+11.2pp |
| Annual return | 15.46% | 23.30%-7.8pp | 335.11%-319.6pp | 73.15%-57.7pp |
| Employer contribution / active EE | $0 | $2,223-100.0% | $3,786-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $4,403 | $3,297+33.5% | $4,482-1.8% | $3,332+32.2% |
| Admin fee / account holder | $410 | $5,066-91.9% | $8,021-94.9% | $4,645-91.2% |