Filed May 28, 2019
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| Provider | Service type | Compensation |
|---|---|---|
MMLIS1 year Service code 55 | Other Commissions | $38,931 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $36,961 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 55 · EIN 04-1590850 1295 STATE ST · SPRINGFIELD, MA 011110001 | Other Commissions | $0 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $113,882 | $91,474+24.5% | $135,982-16.3% | $71,529+59.2% |
| Participation rate | 70.5% | 75.7%-5.2pp | 81.9%-11.4pp | 67.9%+2.6pp |
| Annual return | 22.19% | 29.89%-7.7pp | 68.32%-46.1pp | 28.97%-6.8pp |
| Employer contribution / active EE | $985 | $3,705-73.4% | $4,859-79.7% | $2,590-62.0% |
| Participant deferral / active EE | $10,600 | $7,095+49.4% | $7,760+36.6% | $4,291+147.0% |
| Admin fee / account holder | $195 | $1,267-84.6% | $10,767-98.2% | $1,588-87.8% |