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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $3,345 |
ERP RETIREMENT SERVICES3 years Service code 13 · EIN 20-4100804 | Contract Administrator | $0 |
SBHU LIFE AGENCY INC7+ years Service code 53 · EIN 13-2896238 | Insurance Commissions | $0 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $177,019 | $64,176+175.8% | $112,263+57.7% | $66,949+164.4% |
| Participation rate | 64.6% | 68.4%-3.9pp | 75.1%-10.5pp | 69.8%-5.2pp |
| Annual return | -14.82% | -13.80%-1.0pp | 27.49%-42.3pp | 1.57%-16.4pp |
| Employer contribution / active EE | $1,978 | $3,007-34.2% | $3,636-45.6% | $2,545-22.3% |
| Participant deferral / active EE | $8,919 | $3,694+141.5% | $4,729+88.6% | $4,239+110.4% |
| Admin fee / account holder | $27 | $626-95.7% | $6,410-99.6% | $594-95.5% |