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| Provider | Service type | Compensation |
|---|---|---|
Filed as: SUMMIT FINANCIAL LLC Service code 50 · EIN 37-1895248 | Direct Payment | $49,410 |
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $1,954 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $96,048 | $70,917+35.4% | $98,920-2.9% | $73,493+30.7% |
| Participation rate | 94.7% | 73.8%+20.9pp | 76.0%+18.7pp | 70.7%+24.1pp |
| Annual return | 16.60% | 34.18%-17.6pp | 196.47%-179.9pp | 28.51%-11.9pp |
| Employer contribution / active EE | $2,345 | $2,037+15.1% | $2,689-12.8% | $2,270+3.3% |
| Participant deferral / active EE | $6,820 | $3,501+94.8% | $4,245+60.7% | $3,740+82.4% |
| Admin fee / account holder | $10 | $535-98.1% | $6,643-99.9% | $513-98.1% |