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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $25,713 |
Filed as: HERITAGE INSTITUTIONAL SERVICES Service code 27 · EIN 27-2388726 | Advisory (Plan) | $8,749 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $7,528 |
EMPLOYEE BENEFITS GROUP, LLC3 years Service code 13 · EIN 73-1554797 | Contract Administrator | $2,187 |
MMLIS1 year Service code 55 | Other Commissions | $37 |
Filed as: MML INVESTORS SERVICES INC. Service code 55 · EIN 04-2746212 | Other Commissions | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,568 | $59,107-34.7% | $86,439-55.4% | $68,495-43.7% |
| Participation rate | 93.3% | 75.2%+18.1pp | 80.3%+13.0pp | 67.9%+25.4pp |
| Annual return | -11.66% | -0.23%-11.4pp | 4395.55%-4407.2pp | -7.84%-3.8pp |
| Employer contribution / active EE | $1,874 | $2,519-25.6% | $3,769-50.3% | $2,596-27.8% |
| Participant deferral / active EE | $6,177 | $5,901+4.7% | $6,952-11.1% | $4,028+53.4% |
| Admin fee / account holder | $357 | $5,637-93.7% | $6,732-94.7% | $5,403-93.4% |