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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 27-0293282 | Contract Administrator | $3,846 |
Filed as: MASSMUTUAL LIVE INSURANCE COMPANY Service code 15 · EIN 04-1590850 | Recordkeeping | $1,262 |
Service code 27 · EIN 61-1732930 | Advisory (Plan) | $0 |
Filed as: MESIROW FINANCIAL INVESTMENT MGMT Service code 49 · EIN 36-3429599 | Other Services | $0 |
Filed as: UBS FINANCIAL SVCS INS AGCY Service code 27 · EIN 51-0120742 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $26,758 | $52,961-49.5% | $172,752-84.5% | $65,185-59.0% |
| Participation rate | 41.5% | 66.2%-24.7pp | 82.6%-41.1pp | 70.2%-28.7pp |
| Annual return | 31.97% | 30.12%+1.8pp | 802.97%-771.0pp | 29.38%+2.6pp |
| Employer contribution / active EE | $626 | $2,190-71.4% | $5,144-87.8% | $2,177-71.3% |
| Participant deferral / active EE | $3,238 | $2,471+31.1% | $5,198-37.7% | $3,514-7.8% |
| Admin fee / account holder | $53 | $472-88.8% | $13,955-99.6% | $847-93.8% |