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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 62 · EIN 04-1590850 | Float revenue; Recordkeeping fees | $114,372 |
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO ADVISORS, LLC Service code 27 · EIN 34-1542819 | Advisory (Plan) | $45,650 |
DEFINITI LLC3 years Filed as: DEFINITI Service code 13 2201 TIMBERLOCH PL · THE WOODLANDS, TX 77380 | Contract Administrator | $36,078 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $20,275 |
BDO USA, LLP2 years Filed as: BDO USA LLP Service code 10 · EIN 13-5381590 | Accounting | $4,340 |
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 | $77,835 | $42,367+83.7% | $79,583-2.2% | $64,824+20.1% |
| Participation rate | 91.4% | 64.7%+26.6pp | 69.5%+21.9pp | 71.5%+19.9pp |
| Annual return | -12.53% | -12.24%-0.3pp | 0.16%-12.7pp | 32.84%-45.4pp |
| Employer contribution / active EE | $3,017 | $1,181+155.5% | $2,414+25.0% | $2,507+20.3% |
| Participant deferral / active EE | $5,568 | $3,168+75.8% | $3,986+39.7% | $4,311+29.2% |
| Admin fee / account holder | $655 | $160+310.4% | $6,835-90.4% | $188+248.7% |