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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850 | Other Services | $96,400 |
SAGEVIEW ADVISORY GROUP, LLC2 years Filed as: SAGEVIEW ADVISORY GROUP LLC Service code 27 · EIN 33-0818667 | Advisory (Plan) | $40,000 |
Service code 15 · EIN 59-2438373 | Recordkeeping | $21,707 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $140,452 | $56,918+146.8% | $182,558-23.1% | $65,186+115.5% |
| Participation rate | 75.7% | 66.5%+9.2pp | 78.0%-2.3pp | 70.2%+5.5pp |
| Annual return | 22.58% | 27.67%-5.1pp | 148.59%-126.0pp | 29.39%-6.8pp |
| Employer contribution / active EE | $3,365 | $1,615+108.4% | $4,076-17.4% | $2,177+54.6% |
| Participant deferral / active EE | $6,408 | $3,526+81.7% | $5,526+16.0% | $3,514+82.4% |
| Admin fee / account holder | $1,498 | $531+182.0% | $8,594-82.6% | $847+76.8% |