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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $861 |
RELIANCE TRUST COMPANY1+ years Service code 25 · EIN 58-1428634 | Directed Trustee | $400 |
Filed as: MESIROW FINANCIAL Service code 27 · EIN 36-3429599 | Advisory (Plan) | $18 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $44,765 | $31,109+43.9% | $67,704-33.9% | $52,331-14.5% |
| Participation rate | 59.9% | 54.0%+5.9pp | 67.5%-7.7pp | 68.1%-8.3pp |
| Annual return | 1.64% | 23.70%-22.1pp | 25.41%-23.8pp | 4.54%-2.9pp |
| Employer contribution / active EE | $870 | $1,076-19.2% | $2,559-66.0% | $1,882-53.8% |
| Participant deferral / active EE | $3,313 | $1,970+68.2% | $3,585-7.6% | $3,022+9.6% |
| Admin fee / account holder | $4 | $466-99.1% | $4,255-99.9% | $592-99.3% |