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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $779 |
Filed as: MORGANSTANLEY SMITHBARNEY Service code 49 | Other Services | $313 |
MORNINGSTAR1 year Filed as: MORNINGSTAR ASSOCIATES LLC Service code 49 · EIN 36-4317381 | Other Services | $16 |
Filed as: MESIROW FINANCIAL INVESTMENT MGMT Service code 27 · EIN 36-3429599 | Advisory (Plan) | $0 |
Filed as: MORGANSTANLEY SMITHBARNEY LLC Service code 49 · EIN 26-4310844 | Other Services | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $29,171 | $75,183-61.2% | $123,894-76.5% | $55,167-47.1% |
| Participation rate | 87.0% | 72.8%+14.1pp | 81.4%+5.5pp | 69.0%+18.0pp |
| Annual return | 8.35% | 19.01%-10.7pp | 47.52%-39.2pp | 169.23%-160.9pp |
| Employer contribution / active EE | $1,812 | $2,823-35.8% | $4,617-60.8% | $1,963-7.7% |
| Participant deferral / active EE | $2,261 | $5,084-55.5% | $5,984-62.2% | $3,054-26.0% |
| Admin fee / account holder | $4 | $663-99.3% | $8,357-99.9% | $504-99.1% |