Filed October 8, 2025
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTAL LIFE INSUR. CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $63,009 |
Filed as: MERRILL LYNCH Service code 27 · EIN 13-5674085 1400 MERRILL LYNCH DR · PENNINGTON, NJ 08534 | Advisory (Plan) | $18,669 |
PENSION ASSURANCE LLP3+ years Filed as: THE PENSION STUDIO Service code 13 · EIN 54-2154380 1226 OMAR ROAD · WEST PALM BEACH, FL 33405 | Contract Administrator | $9,379 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $111,491 | $155,795-28.4% | $136,298-18.2% | $69,631+60.1% |
| Participation rate | 69.0% | 75.2%-6.2pp | 81.9%-12.9pp | 70.7%-1.7pp |
| Annual return | 16.17% | 232464.33%-232448.2pp | 5156.27%-5140.1pp | 27571.02%-27554.8pp |
| Employer contribution / active EE | $876 | $2,991-70.7% | $4,696-81.3% | $2,032-56.9% |
| Participant deferral / active EE | $5,766 | $5,394+6.9% | $6,247-7.7% | $3,224+78.9% |
| Admin fee / account holder | $287 | $128+124.1% | $9,244-96.9% | $110+160.2% |