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| Provider | Service type | Compensation |
|---|---|---|
Filed as: CAMBRIDGE INVESTMENT RESRCH Service code 26 · EIN 42-1445429 | Advisory (Participants) | $17,024 |
GOLDLEAF PARTNERS1 year Service code 13 · EIN 45-0514557 P.O. BOX 806 · BRAINERD, MN 56401 | Contract Administrator | $13,170 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $2,710 |
Service code 49 · EIN 36-3429599 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $31,568 | $65,223-51.6% | $80,022-60.6% | $55,725-43.3% |
| Participation rate | 45.9% | 80.6%-34.7pp | 75.8%-30.0pp | 70.9%-25.0pp |
| Annual return | -5.30% | 7.59%-12.9pp | 11.22%-16.5pp | 244.93%-250.2pp |
| Employer contribution / active EE | $574 | $2,544-77.4% | $2,468-76.7% | $2,078-72.4% |
| Participant deferral / active EE | $983 | $3,881-74.7% | $3,686-73.3% | $3,356-70.7% |
| Admin fee / account holder | $196 | $114+71.6% | $6,521-97.0% | $115+70.2% |