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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 62 · EIN 04-1590850 | Float revenue; Recordkeeping fees | $260,290 |
EDWARD JONES8+ years Filed as: EDWARD D JONES & CO L P Service code 27 · EIN 43-0345811 12555 MANCHESTER ROAD · ST LOUIS, MO 63131 | Advisory (Plan) | $83,431 |
PINNACLE PENSION SERVICES8+ years Service code 13 · EIN 82-0433443 3101 W. MAIN ST., STE. 100 · BOISE, ID 83702 | Contract Administrator | $79,686 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $49,683 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,217 | $45,000-26.2% | $143,799-76.9% | $77,906-57.4% |
| Participation rate | 62.8% | 66.8%-4.0pp | 80.3%-17.5pp | 73.7%-10.8pp |
| Annual return | -15.78% | 29.03%-44.8pp | -0.04%-15.7pp | 12.16%-27.9pp |
| Employer contribution / active EE | $1,648 | $1,870-11.9% | $4,952-66.7% | $2,846-42.1% |
| Participant deferral / active EE | $2,676 | $3,157-15.2% | $5,638-52.5% | $4,805-44.3% |
| Admin fee / account holder | $242 | $98+145.4% | $14,677-98.4% | $133+82.2% |