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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $140,559 |
SAGEVIEW ADVISORY GROUP, LLC4 years Filed as: SAGEVIEW ADVISORY GROUP LLC Service code 27 · EIN 33-0818667 | Advisory (Plan) | $40,000 |
Service code 27 · EIN 59-2438373 | Advisory (Plan) | $31,597 |
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).
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 | $170,469 | $70,879+140.5% | $189,575-10.1% | $79,391+114.7% |
| Participation rate | 78.6% | 68.0%+10.6pp | 78.4%+0.1pp | 70.7%+7.9pp |
| Annual return | 14.64% | 20.70%-6.1pp | 64.19%-49.6pp | 116.88%-102.2pp |
| Employer contribution / active EE | $3,421 | $1,806+89.4% | $4,412-22.5% | $2,428+40.9% |
| Participant deferral / active EE | $7,006 | $4,081+71.7% | $6,174+13.5% | $4,046+73.2% |
| Admin fee / account holder | $1,800 | $647+178.0% | $9,806-81.6% | $627+187.3% |