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| Provider | Service type | Compensation |
|---|---|---|
SUMMIT EQUITIES, INC.1 year Filed as: SUMMIT EQUITIESINC Service code 50 · EIN 22-2387914 | Direct Payment | $29,129 |
COHN REZNICK LLP1 year Filed as: COHN REZNICK, LLP Service code 50 · EIN 22-1478099 | Direct Payment | $14,000 |
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 15 · EIN 04-1590850 | Recordkeeping | $1,433 |
Filed as: MASSACHUSETTS MUTUAL LIFE INS.CO Service code 52 | Indirect Investment Fees | $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 | $83,412 | $58,093+43.6% | $80,022+4.2% | $56,287+48.2% |
| Participation rate | 71.0% | 73.6%-2.7pp | 75.8%-4.9pp | 69.9%+1.1pp |
| Annual return | -6.56% | 34.63%-41.2pp | 11.22%-17.8pp | -9.96%+3.4pp |
| Employer contribution / active EE | $1,798 | $1,933-7.0% | $2,468-27.1% | $2,111-14.8% |
| Participant deferral / active EE | $5,193 | $3,136+65.6% | $3,686+40.9% | $3,350+55.0% |
| Admin fee / account holder | $347 | $623-44.3% | $6,521-94.7% | $521-33.4% |