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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $48,378 |
Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $26,855 |
Filed as: NICHOLAS HICKS & FARMER - WA Service code 99 | Other Fees | $3,280 |
Service code 49 | Other Services | $27 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $24,348 | $86,341-71.8% | $125,195-80.6% | $65,186-62.6% |
| Participation rate | 76.5% | 75.3%+1.2pp | 79.8%-3.3pp | 70.2%+6.3pp |
| Annual return | 21.72% | 27.44%-5.7pp | 43.79%-22.1pp | 29.39%-7.7pp |
| Employer contribution / active EE | $3,302 | $2,040+61.9% | $3,866-14.6% | $2,177+51.7% |
| Participant deferral / active EE | $4,921 | $3,538+39.1% | $4,937-0.3% | $3,514+40.0% |
| Admin fee / account holder | $258 | $609-57.7% | $9,704-97.3% | $847-69.5% |