Filed August 14, 2025
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| Provider | Service type | Compensation |
|---|---|---|
Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $15,381 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 | Indirect Investment Fees | $0 |
Filed as: MORGAN STANLEY Service code 53 · EIN 26-4310844 | Insurance Commissions | $0 |
SWERDLIN & COMPANY3+ years Service code 13 · EIN 58-1392124 | Contract Administrator | $0 |
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 | $31,463 | $55,453-43.3% | $170,435-81.5% | $62,293-49.5% |
| Participation rate | 89.2% | 66.4%+22.9pp | 83.6%+5.6pp | 69.5%+19.7pp |
| Annual return | 20.30% | 21.38%-1.1pp | 205.94%-185.6pp | 28.90%-8.6pp |
| Employer contribution / active EE | $1,790 | $2,164-17.3% | $5,432-67.0% | $2,042-12.3% |
| Participant deferral / active EE | $4,256 | $2,303+84.8% | $4,939-13.8% | $3,169+34.3% |
| Admin fee / account holder | $260 | $455-42.8% | $13,881-98.1% | $479-45.7% |