Filed September 12, 2017 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
THE BANK OF NEW YORK MELLON2+ years Filed as: BANK OF AMERICA CORPORATION Service code 18 · EIN 94-1687665 | Custodial (other than securities); In... | $28,500 |
Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC Service code 15 · EIN 26-1589907 | Recordkeeping | $19,070 |
Service code 12 · EIN 13-3689044 | Distribution (12b-1) fees; Account ma... | $1,810 |
RELIANCE TRUST COMPANY2+ years Service code 19 · EIN 58-1428634 | Securities Custodian | $132 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $43,760 | $38,969+12.3% | $109,313-60.0% | $55,167-20.7% |
| Participation rate | 62.4% | 58.2%+4.2pp | 71.3%-8.8pp | 69.0%-6.6pp |
| Annual return | 7.92% | 8.26%-0.3pp | 22.07%-14.2pp | 169.23%-161.3pp |
| Employer contribution / active EE | $1,319 | $1,227+7.5% | $3,892-66.1% | $1,963-32.8% |
| Participant deferral / active EE | $1,660 | $2,176-23.7% | $3,166-47.6% | $3,054-45.6% |
| Admin fee / account holder | $15 | $501-97.1% | $5,666-99.7% | $504-97.1% |