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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $65,667 |
Service code 13 · EIN 20-4780677 | Contract Administrator | $44,874 |
Filed as: CORNERSTONE ADVISORS ASSET MGMT LLC Service code 27 · EIN 75-3204798 | Advisory (Plan) | $41,990 |
MARCUM LLP4 years Service code 50 · EIN 11-1986323 | Direct Payment | $22,969 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $171,319 | $84,499+102.7% | $125,391+36.6% | $66,949+155.9% |
| Participation rate | 86.6% | 76.4%+10.1pp | 82.4%+4.2pp | 69.8%+16.7pp |
| Annual return | -17.60% | -8.49%-9.1pp | 572.41%-590.0pp | 1.57%-19.2pp |
| Employer contribution / active EE | $6,196 | $3,554+74.4% | $4,816+28.7% | $2,545+143.4% |
| Participant deferral / active EE | $10,726 | $6,785+58.1% | $7,448+44.0% | $4,239+153.0% |
| Admin fee / account holder | $817 | $685+19.2% | $10,009-91.8% | $594+37.6% |