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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $16,529 |
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $12,432 |
PENSION ASSURANCE LLP2 years Filed as: THE PENSION STUDIO Service code 13 · EIN 54-2154380 | Contract Administrator | $5,499 |
PENSION ASSURANCE LLP2 years Filed as: THE PENSION STUDO Service code 14 · EIN 54-2154380 | Plan Administrator | $75 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $68,469 | $63,114+8.5% | $92,915-26.3% | $65,186+5.0% |
| Participation rate | 48.4% | 68.8%-20.4pp | 76.0%-27.6pp | 70.2%-21.8pp |
| Annual return | 25.12% | 28.75%-3.6pp | 109.45%-84.3pp | 29.39%-4.3pp |
| Employer contribution / active EE | $1,588 | $2,571-38.2% | $3,653-56.5% | $2,177-27.0% |
| Participant deferral / active EE | $3,236 | $3,108+4.1% | $4,238-23.6% | $3,514-7.9% |
| Admin fee / account holder | $388 | $624-37.7% | $5,796-93.3% | $847-54.2% |