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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $315,685 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 62 · EIN 04-1590850 | Float revenue; Recordkeeping fees | $173,337 |
NFP RETIREMENT INC1 year Filed as: NFP RETIREMENT INC. Service code 27 · EIN 33-0905143 | Advisory (Plan) | $47,289 |
FIRST FOUNDATION ADVISORS8+ years Service code 26 · EIN 33-0221828 | Advisory (Participants) | $11,660 |
Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 71 · EIN 84-0467907 | Brokerage Fees | $4,083 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $189,665 | $65,061+191.5% | $143,757+31.9% | $66,914+183.4% |
| Participation rate | 92.6% | 65.2%+27.4pp | 80.3%+12.2pp | 69.8%+22.8pp |
| Annual return | -17.12% | -11.14%-6.0pp | -0.04%-17.1pp | 1.58%-18.7pp |
| Employer contribution / active EE | $13,636 | $2,361+477.6% | $4,951+175.4% | $2,544+435.9% |
| Participant deferral / active EE | $11,115 | $2,919+280.8% | $5,637+97.2% | $4,237+162.3% |
| Admin fee / account holder | $889 | $502+77.1% | $14,673-93.9% | $593+49.8% |