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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INS Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $58,879 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY INS SERVICES INC. Service code 53 | Insurance Commissions | $31,923 |
AZALEA ADMINISTRATION LLC2 years Filed as: AZALEA ADMINISTRATION Service code 13 · EIN 27-0711617 | Contract Administrator | $4,815 |
AZALEA ADMINISTRATION LLC2 years Filed as: AZALEA ADMINISTRATION, LLC Service code 14 | Plan Administrator | $125 |
MORGAN STANLEY SMITH BARNEY4 years Service code 49 · EIN 26-4310632 | Other Services | $63 |
AMERICAN CENTURY3 years Service code 52 · EIN 43-1646043 | Indirect Investment Fees | $0 |
AMERICAN FUNDS3 years Service code 52 · EIN 95-1411037 | Indirect Investment Fees | $0 |
BLACKROCK3 years Service code 52 · EIN 51-0318674 | Indirect Investment Fees | $0 |
DELAWARE INVESTMENTS3 years Service code 52 · EIN 23-2651520 | Indirect Investment Fees | $0 |
Service code 28 · EIN 61-1732930 | Investment Management | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $76,018 | $63,114+20.4% | $92,909-18.2% | $65,185+16.6% |
| Participation rate | 87.6% | 68.8%+18.8pp | 76.0%+11.6pp | 70.2%+17.4pp |
| Annual return | 24.51% | 28.75%-4.2pp | 109.44%-84.9pp | 29.38%-4.9pp |
| Employer contribution / active EE | $2,792 | $2,571+8.6% | $3,653-23.6% | $2,177+28.3% |
| Participant deferral / active EE | $4,799 | $3,108+54.4% | $4,238+13.2% | $3,514+36.6% |
| Admin fee / account holder | $508 | $624-18.6% | $5,795-91.2% | $847-40.1% |