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| Provider | Service type | Compensation |
|---|---|---|
Service code 49 · EIN 04-1590850 | Other Services | $179,308 |
Service code 53 · EIN 52-2114207 | Insurance Commissions | $81,049 |
QUALIFIED PLANS, LLC1 year Service code 13 · EIN 58-2605083 | Contract Administrator | $18,448 |
Filed as: MASS MUTUAL Service code 50 · EIN 04-1590850 | Direct Payment | $200 |
AMERICAN FUNDS2 years Service code 52 · EIN 95-2817150 | Indirect Investment Fees | $0 |
DIMENSIONAL FUND ADVISORS2 years Service code 52 · EIN 36-3129984 | Indirect Investment Fees | $0 |
INVESCO2 years Service code 52 · EIN 13-2576643 | Indirect Investment Fees | $0 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 | Other Services | $0 |
PIMCO FUNDS2 years Service code 52 · EIN 95-2632339 | Indirect Investment Fees | $0 |
THE HARTFORD2 years Service code 52 · EIN 13-3317783 | Indirect Investment Fees | $0 |
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).
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 | $62,435 | $54,237+15.1% | $90,304-30.9% | $67,579-7.6% |
| Participation rate | 88.0% | 68.6%+19.4pp | 73.3%+14.7pp | 71.3%+16.7pp |
| Annual return | 20.56% | 37.27%-16.7pp | 78.13%-57.6pp | 378.56%-358.0pp |
| Employer contribution / active EE | $2,690 | $1,846+45.7% | $2,855-5.8% | $2,148+25.2% |
| Participant deferral / active EE | $5,600 | $2,625+113.3% | $3,885+44.1% | $3,539+58.2% |
| Admin fee / account holder | $324 | $123+162.5% | $5,354-93.9% | $142+127.7% |