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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MORGAN STANLEY SMITH BARNEY HOLDING Service code 27 · EIN 26-4310632 | Advisory (Plan) | $49,511 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $49,062 |
Filed as: BORIS BENIC AND ASSOCIATS LLP Service code 10 · EIN 54-2190047 | Accounting | $10,500 |
THE BENEFIT PRACTICE4 years Service code 50 · EIN 13-4144565 | Direct Payment | $8,700 |
Filed as: MASSMUTUAL LIFE INSURANCE COMPANY Service code 38 · EIN 04-1590850 | Participant Communication | $659 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $242,815 | $73,638+229.7% | $95,964+153.0% | $73,497+230.4% |
| Participation rate | 84.7% | 76.2%+8.5pp | 77.1%+7.6pp | 70.7%+14.0pp |
| Annual return | 16.69% | 16.78%-0.1pp | 91.64%-75.0pp | 28.51%-11.8pp |
| Employer contribution / active EE | $5,513 | $1,863+195.9% | $2,541+116.9% | $2,270+142.8% |
| Participant deferral / active EE | $10,499 | $3,617+190.3% | $4,167+152.0% | $3,740+180.7% |
| Admin fee / account holder | $415 | $482-13.9% | $6,797-93.9% | $513-19.1% |