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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 64 · EIN 04-1590850 | Recordkeeping Fees | $33,790 |
SHUSTER ADVISORY GROUP, LLC2 years Service code 27 · EIN 46-4984194 | Advisory (Plan) | $25,000 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 15 · EIN 84-0467907 | Recordkeeping | $6,130 |
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 | $67,546 | $72,639-7.0% | $90,766-25.6% | $66,949+0.9% |
| Participation rate | 99.0% | 73.7%+25.3pp | 75.7%+23.3pp | 69.8%+29.2pp |
| Annual return | -15.97% | -12.28%-3.7pp | -12.16%-3.8pp | 1.57%-17.5pp |
| Employer contribution / active EE | $2,535 | $2,369+7.0% | $2,922-13.2% | $2,545-0.4% |
| Participant deferral / active EE | $6,297 | $3,979+58.3% | $4,565+37.9% | $4,239+48.6% |
| Admin fee / account holder | $354 | $708-50.0% | $8,446-95.8% | $594-40.4% |