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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850 | Other Services | $36,817 |
UBS FINANCIAL SERVICES INC2 years Filed as: UBS FINANCIAL SERVICES, INC. Service code 27 · EIN 13-2638166 | Advisory (Plan) | $20,081 |
BENEFIT SOLUTIONS, ETC.2 years Filed as: BENEFIT SOLUTIONS, ETC Service code 13 · EIN 81-3186048 | Contract Administrator | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $52,095 | $98,982-47.4% | $162,177-67.9% | $65,185-20.1% |
| Participation rate | 87.5% | 85.8%+1.7pp | 87.6%-0.1pp | 70.2%+17.3pp |
| Annual return | 20.77% | 24.84%-4.1pp | 115.60%-94.8pp | 29.38%-8.6pp |
| Employer contribution / active EE | $2,046 | $3,467-41.0% | $5,613-63.5% | $2,177-6.0% |
| Participant deferral / active EE | $3,392 | $5,384-37.0% | $7,297-53.5% | $3,514-3.5% |
| Admin fee / account holder | $369 | $596-38.0% | $10,843-96.6% | $847-56.4% |