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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 14 · EIN 04-1590850 | Plan Administrator | $135,643 |
Filed as: PRIME CAPITAL INV ADVS LLC Service code 27 · EIN 82-1364595 | Advisory (Plan) | $59,860 |
QUALIFIED PLANS, LLC2 years Filed as: QUALIFIED PLAN CONSULTANTS LLC Service code 17 · EIN 20-0223513 | Pension Consulting | $25,730 |
Service code 10 · EIN 47-0650756 | Accounting | $9,750 |
QUALIFIED PLANS, LLC2 years Filed as: QUALIFIED PLAN CONSULTANTS LLC IOWA Service code 13 | Contract Administrator | $3,900 |
APS VENTURES, LLC1 year Service code 71 · EIN 45-5628305 | Brokerage Fees | $2,587 |
Service code 62 · EIN 94-1737782 | Securities brokerage commissions and ... | $64 |
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 | $159,062 | $79,519+100.0% | $95,964+65.8% | $73,412+116.7% |
| Participation rate | 97.7% | 81.2%+16.5pp | 77.1%+20.6pp | 72.2%+25.5pp |
| Annual return | 14.18% | 19.20%-5.0pp | 91.64%-77.5pp | 59.30%-45.1pp |
| Employer contribution / active EE | $3,579 | $2,048+74.8% | $2,541+40.9% | $2,234+60.2% |
| Participant deferral / active EE | $6,708 | $4,138+62.1% | $4,167+61.0% | $3,806+76.2% |
| Admin fee / account holder | $690 | $184+274.1% | $6,797-89.9% | $158+336.7% |