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| Provider | Service type | Compensation |
|---|---|---|
Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $35,182 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 55 · EIN 04-1590850 P.O. BOX 771115 · CINCINNATI, OH 45277 | Other Commissions | $17,351 |
NOVA 401(K) ASSOCIATES4 years Filed as: NOVA 401 (K) ASSOCIATES Service code 13 · EIN 20-1181458 10777 NORTHWEST FREEWAY · HOUSTON, TX 77092 | Contract Administrator | $5,281 |
Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,081 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $58,823 | $54,573+7.8% | $90,970-35.3% | $73,493-20.0% |
| Participation rate | 43.4% | 61.2%-17.8pp | 69.0%-25.6pp | 70.7%-27.3pp |
| Annual return | 12.93% | 16.69%-3.8pp | 134.58%-121.6pp | 28.51%-15.6pp |
| Employer contribution / active EE | $431 | $991-56.5% | $2,122-79.7% | $2,270-81.0% |
| Participant deferral / active EE | $1,761 | $2,517-30.0% | $3,373-47.8% | $3,740-52.9% |
| Admin fee / account holder | $338 | $521-35.1% | $5,960-94.3% | $513-34.1% |