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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $48,382 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 27 · EIN 26-4310632 | Advisory (Plan) | $43,899 |
Filed as: BORIS BENIC AND ASSOCIATS LLP Service code 10 · EIN 54-2190047 | Accounting | $10,726 |
THE BENEFIT PRACTICE2 years Service code 50 · EIN 13-4144565 | Direct Payment | $10,324 |
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 | $197,679 | $62,583+215.9% | $76,767+157.5% | $64,173+208.0% |
| Participation rate | 86.6% | 72.8%+13.8pp | 77.0%+9.6pp | 69.6%+17.0pp |
| Annual return | -3.02% | -1.95%-1.1pp | 2.43%-5.4pp | 7.63%-10.7pp |
| Employer contribution / active EE | $4,829 | $1,832+163.6% | $2,485+94.3% | $2,381+102.8% |
| Participant deferral / active EE | $8,937 | $3,145+184.2% | $3,852+132.0% | $3,470+157.6% |
| Admin fee / account holder | $507 | $4,667-89.1% | $6,675-92.4% | $4,887-89.6% |