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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 49 · EIN 04-1590850 | Other Services | $26,342 |
Filed as: MORGAN STANLEY INS SERVICES Service code 53 · EIN 51-0116113 | Insurance Commissions | $8,441 |
EPIC RETIREMENT PLAN SERVICES4+ years Filed as: RETIREMENT PLAN SOLUTIONS Service code 13 · EIN 30-0337628 | Contract Administrator | $5,725 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $23,809 | $58,093-59.0% | $80,022-70.2% | $56,287-57.7% |
| Participation rate | 77.3% | 73.6%+3.7pp | 75.8%+1.5pp | 69.9%+7.5pp |
| Annual return | 2.47% | 34.63%-32.2pp | 11.22%-8.7pp | -9.96%+12.4pp |
| Employer contribution / active EE | $303 | $1,933-84.3% | $2,468-87.7% | $2,111-85.6% |
| Participant deferral / active EE | $2,152 | $3,136-31.4% | $3,686-41.6% | $3,350-35.8% |
| Admin fee / account holder | $156 | $623-75.0% | $6,521-97.6% | $521-70.1% |