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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850 | Other Services | $38,153 |
NFP RETIREMENT INC4+ years Filed as: NFP SECURITIES Service code 27 · EIN 33-0905143 | Advisory (Plan) | $29,036 |
AMERICA'S 401K, INC.1 year Filed as: AMERICA'S 401(K), INC. Service code 13 · EIN 75-2261114 | Contract Administrator | $14,237 |
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 | $56,118 | $47,977+17.0% | $154,108-63.6% | $56,289-0.3% |
| Participation rate | 68.5% | 66.2%+2.3pp | 83.0%-14.6pp | 69.9%-1.4pp |
| Annual return | -5.15% | 3.54%-8.7pp | 735.21%-740.4pp | -9.96%+4.8pp |
| Employer contribution / active EE | $1,835 | $2,169-15.4% | $5,298-65.4% | $2,111-13.1% |
| Participant deferral / active EE | $3,291 | $2,392+37.6% | $5,081-35.2% | $3,350-1.8% |
| Admin fee / account holder | $468 | $438+6.7% | $13,411-96.5% | $521-10.2% |