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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 64 · EIN 04-1590850 | Recordkeeping Fees | $103,057 |
SAGEVIEW ADVISORY GROUP, LLC5 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) | $30,061 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $18,340 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $129,882 | $59,140+119.6% | $160,037-18.8% | $66,949+94.0% |
| Participation rate | 65.4% | 68.1%-2.8pp | 78.0%-12.6pp | 69.8%-4.5pp |
| Annual return | -14.75% | -12.25%-2.5pp | 408.95%-423.7pp | 1.57%-16.3pp |
| Employer contribution / active EE | $2,622 | $1,982+32.2% | $4,226-38.0% | $2,545+3.0% |
| Participant deferral / active EE | $6,340 | $4,399+44.1% | $6,184+2.5% | $4,239+49.6% |
| Admin fee / account holder | $1,493 | $591+152.6% | $8,716-82.9% | $594+151.6% |