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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 46-2023154 | Contract Administrator | $16,363 |
Filed as: VRIAC Service code 26 · EIN 71-0194708 | Advisory (Participants) | $13,009 |
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $11,500 |
THE BENEFIT PRACTICE1 year Service code 99 · EIN 11-1000111 | Other Fees | $11,088 |
MORNINGSTAR1 year Service code 26 · EIN 36-3297908 | Advisory (Participants) | $87 |
Filed as: MESIROW FINANCIAL INVESTMENT MGMT Service code 49 · EIN 36-3429599 | Other Services | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $12,748 | $35,485-64.1% | $74,551-82.9% | $55,725-77.1% |
| Participation rate | 81.1% | 62.5%+18.6pp | 69.1%+12.0pp | 70.9%+10.3pp |
| Annual return | -7.85% | 0.72%-8.6pp | 32.53%-40.4pp | 244.93%-252.8pp |
| Employer contribution / active EE | $1,073 | $777+38.1% | $1,961-45.3% | $2,078-48.3% |
| Participant deferral / active EE | $2,735 | $2,181+25.4% | $3,108-12.0% | $3,356-18.5% |
| Admin fee / account holder | $96 | $114-15.9% | $5,059-98.1% | $115-16.5% |