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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $2,298 |
Service code 15 · EIN 51-0383217 1407 FOULK ROAD · WILMINGTON, DE 19803 | Recordkeeping | $0 |
MORGAN STANLEY SMITH BARNEY3 years Filed as: MORGAN STANLEY INS SVCS INC Service code 17 · EIN 51-0116113 | Pension Consulting | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $74,873 | $42,548+76.0% | $74,551+0.4% | $56,289+33.0% |
| Participation rate | 52.9% | 60.5%-7.6pp | 69.1%-16.2pp | 69.9%-16.9pp |
| Annual return | -8.14% | 12.40%-20.5pp | 32.53%-40.7pp | -9.96%+1.8pp |
| Employer contribution / active EE | $572 | $855-33.1% | $1,961-70.8% | $2,111-72.9% |
| Participant deferral / active EE | $3,175 | $2,277+39.4% | $3,108+2.2% | $3,350-5.2% |
| Admin fee / account holder | $38 | $467-91.9% | $5,059-99.2% | $521-92.7% |