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| Provider | Service type | Compensation |
|---|---|---|
SUMMIT EQUITIES, INC.1 year Filed as: SUMMIT EQUITIES INC Service code 50 · EIN 22-2387914 | Direct Payment | $44,346 |
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $1,924 |
Filed as: ENVESTNET RETIREMENT SOLUTIONS LLC Service code 27 · EIN 61-1732930 | Advisory (Plan) | $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 | $97,871 | $66,319+47.6% | $93,614+4.5% | $65,185+50.1% |
| Participation rate | 75.9% | 74.0%+1.9pp | 75.8%+0.1pp | 70.2%+5.7pp |
| Annual return | 25.05% | 42.59%-17.5pp | 32.76%-7.7pp | 29.38%-4.3pp |
| Employer contribution / active EE | $2,133 | $2,013+6.0% | $2,718-21.5% | $2,177-2.0% |
| Participant deferral / active EE | $6,004 | $3,343+79.6% | $4,069+47.6% | $3,514+70.9% |
| Admin fee / account holder | $324 | $6,900-95.3% | $7,889-95.9% | $847-61.8% |