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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 49 · EIN 04-1590850 | Other Services | $129,291 |
Filed as: PRIME CAPITAL INV ADVS LLC Service code 27 · EIN 82-1364595 | Advisory (Plan) | $56,568 |
QUALIFIED PLANS, LLC1 year Filed as: QUALIFIED PLAN CONSULTANTS LLC Service code 13 · EIN 20-0223513 | Contract Administrator | $23,971 |
QUALIFIED PLANS, LLC1 year Filed as: QUALIFIED PLAN CONSULTANTS LLC IOWA Service code 13 | Contract Administrator | $6,750 |
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).
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 | $140,512 | $73,404+91.4% | $87,103+61.3% | $67,582+107.9% |
| Participation rate | 99.0% | 80.9%+18.1pp | 76.9%+22.1pp | 71.3%+27.7pp |
| Annual return | 23.04% | 48.29%-25.2pp | 28.19%-5.1pp | 378.57%-355.5pp |
| Employer contribution / active EE | $3,625 | $2,014+80.0% | $2,521+43.7% | $2,148+68.8% |
| Participant deferral / active EE | $6,631 | $3,913+69.5% | $4,049+63.8% | $3,539+87.3% |
| Admin fee / account holder | $636 | $142+349.4% | $7,491-91.5% | $142+347.2% |