Filed October 8, 2025
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTAL LIFE INSUR. CO. Service code 49 · EIN 04-1590850 | Other Services | $95,530 |
Filed as: MERRILL LYNCH Service code 27 · EIN 13-5674085 1400 MERRILL LYNCH DR · PENNINGTON, NJ 08534 | Advisory (Plan) | $39,737 |
PENSION ASSURANCE LLP5+ years Filed as: THE PENSION STUDIO Service code 13 · EIN 54-2154380 1226 OMAR ROAD · WEST PALM BEACH, FL 33405 | Contract Administrator | $17,677 |
FRAZIER & DEETER, LLC2 years Service code 10 · EIN 58-1433845 1230 PEACHTREE STREET NE · ATLANTA, GA 30309 | Accounting | $9,441 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $132,285 | $88,122+50.1% | $141,162-6.3% | $67,579+95.7% |
| Participation rate | 70.3% | 76.5%-6.2pp | 82.5%-12.2pp | 71.3%-1.0pp |
| Annual return | 20.49% | 75.40%-54.9pp | 71.39%-50.9pp | 378.56%-358.1pp |
| Employer contribution / active EE | $1,035 | $3,224-67.9% | $4,735-78.1% | $2,148-51.8% |
| Participant deferral / active EE | $6,346 | $5,958+6.5% | $6,709-5.4% | $3,539+79.3% |
| Admin fee / account holder | $528 | $131+303.5% | $10,261-94.9% | $142+271.2% |