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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 64 · EIN 04-1590850 | Recordkeeping Fees | $164,923 |
Service code 53 · EIN 52-2114207 | Insurance Commissions | $54,128 |
Filed as: EMPOWER ANNUITY INS. CO. Service code 64 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $28,765 |
QUALIFIED PLANS, LLC4 years Service code 13 · EIN 58-2605083 | Contract Administrator | $16,584 |
Filed as: NORTHWESTERN MUTUAL WEALTH MGT CO Service code 27 · EIN 39-2018056 | Advisory (Plan) | $16,033 |
ASCENSUS LLC1 year Filed as: ASCENSUS, LLC Service code 50 · EIN 82-3719843 | Direct Payment | $3,554 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $75,440 | $47,766+57.9% | $82,744-8.8% | $64,819+16.4% |
| Participation rate | 69.0% | 67.7%+1.3pp | 72.6%-3.6pp | 71.5%-2.5pp |
| Annual return | -14.81% | -13.06%-1.8pp | 702.22%-717.0pp | 32.84%-47.7pp |
| Employer contribution / active EE | $2,988 | $2,182+37.0% | $3,008-0.7% | $2,507+19.2% |
| Participant deferral / active EE | $6,689 | $3,332+100.7% | $4,395+52.2% | $4,311+55.2% |
| Admin fee / account holder | $478 | $143+234.1% | $5,325-91.0% | $188+154.3% |