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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850 | Other Services | $339,765 |
Filed as: PINNACLE FINANCIAL SERVICES, INC Service code 27 · EIN 59-2438373 | Advisory (Plan) | $100,443 |
Service code 27 · EIN 16-1566478 | Advisory (Plan) | $77,264 |
Filed as: DOPKINS WEALTH MANAGEMENT Service code 50 · EIN 16-1566478 | Direct Payment | $30,724 |
Service code 10 · EIN 16-1479373 | Accounting | $15,608 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $54,340 | $101,523-46.5% | $141,191-61.5% | $77,775-30.1% |
| Participation rate | 53.0% | 77.4%-24.4pp | 82.5%-29.5pp | 73.2%-20.2pp |
| Annual return | 21.97% | 56.22%-34.3pp | 71.41%-49.4pp | 32.58%-10.6pp |
| Employer contribution / active EE | $1,029 | $3,341-69.2% | $4,736-78.3% | $2,504-58.9% |
| Participant deferral / active EE | $2,770 | $6,434-56.9% | $6,710-58.7% | $3,966-30.1% |
| Admin fee / account holder | $235 | $92+157.0% | $10,264-97.7% | $100+135.1% |