Filed March 10, 2015 (most recent of 2 filings on file)
Total covered: 10 employees
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| Provider | Service type | Compensation |
|---|---|---|
Service code 53 | Insurance Commissions | $11,596 |
Filed as: MASSMUTUAL LIFE INS CO Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $5,405 |
MY BENEFITS, LLC1 year Service code 13 | Contract Administrator | $1,392 |
Filed as: FIRST PARTY ADMINISTRATORS Service code 13 | Contract Administrator | $650 |
Filed as: AMERIPRISE FINANCIAL SERVICES INC. Service code 53 · EIN 41-0973005 | Insurance Commissions | $0 |
FIRST PARTY ADMINISTRATOR, LLC3+ years Service code 50 · EIN 46-2023154 | Direct Payment | $0 |
MY BENEFITS, LLC3+ years Filed as: MY BENEFITS LLC Service code 13 · EIN 45-2098380 | Contract Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $26,625 | $46,173-42.3% | $170,435-84.4% | $69,631-61.8% |
| Participation rate | 30.4% | 63.9%-33.5pp | 83.6%-53.2pp | 70.7%-40.3pp |
| Annual return | 13.58% | 21.62%-8.0pp | 205.94%-192.4pp | 27571.02%-27557.4pp |
| Employer contribution / active EE | $258 | $1,610-84.0% | $5,432-95.2% | $2,032-87.3% |
| Participant deferral / active EE | $828 | $2,080-60.2% | $4,939-83.2% | $3,224-74.3% |
| Admin fee / account holder | $23 | $116-79.9% | $13,881-99.8% | $110-78.9% |