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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASS MUTUAL LIFE INSURANCE CO. Service code 64 · EIN 04-1590850 | Recordkeeping Fees | $3,937 |
Filed as: VOYA RETIREMENT INS. & ANNUITY CO. Service code 26 · EIN 71-0294708 | Advisory (Participants) | $2,519 |
LINK MURREL & CHANG, LLP1 year Filed as: NY LINK INSURANCE AGENCY, INC. Service code 53 · EIN 13-3929029 | Insurance Commissions | $2,172 |
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 | $20,855 | $55,002-62.1% | $59,899-65.2% | $56,289-63.0% |
| Participation rate | 67.6% | 75.9%-8.3pp | 74.7%-7.0pp | 69.9%-2.2pp |
| Annual return | 7.63% | 1.13%+6.5pp | 3.46%+4.2pp | -9.96%+17.6pp |
| Employer contribution / active EE | $2,473 | $2,448+1.0% | $2,723-9.2% | $2,111+17.1% |
| Participant deferral / active EE | $1,284 | $3,121-58.9% | $3,402-62.3% | $3,350-61.7% |
| Admin fee / account holder | $44 | $236-81.5% | $3,592-98.8% | $521-91.6% |