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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MORGAN STANLEY Service code 28 · EIN 51-0116113 | Investment Management | $5,038 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $463 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,887 | $75,959-69.9% | $154,114-85.1% | $64,181-64.3% |
| Participation rate | 94.3% | 70.4%+23.9pp | 83.0%+11.2pp | 69.6%+24.7pp |
| Annual return | 6.11% | 30.32%-24.2pp | 735.16%-729.1pp | 7.63%-1.5pp |
| Employer contribution / active EE | $3,529 | $3,350+5.4% | $5,298-33.4% | $2,381+48.2% |
| Participant deferral / active EE | $1,171 | $3,175-63.1% | $5,081-77.0% | $3,470-66.3% |
| Admin fee / account holder | $357 | $5,589-93.6% | $13,411-97.3% | $4,887-92.7% |