Filed August 27, 2018
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| Provider | Service type | Compensation |
|---|---|---|
MILLIMAN, INC.1 year Service code 15 · EIN 91-0675641 | Recordkeeping | $10,551 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $5,117 |
GREG HARVEY3 years Service code 53 10975 BENSON DR STE 300 · OVERLAND PARK, KS 66210 | Insurance Commissions | $0 |
MARK NARDELLA3 years Filed as: MARK HENRY RODDN Service code 53 10975 BENSON DR STE 350 · OVERLAND PARK, KS 66210 | Insurance Commissions | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $20,970 | $65,557-68.0% | $105,736-80.2% | $56,289-62.7% |
| Participation rate | 66.7% | 63.4%+3.3pp | 76.3%-9.7pp | 69.9%-3.2pp |
| Annual return | 2.01% | -1.32%+3.3pp | 6.27%-4.3pp | -9.96%+12.0pp |
| Employer contribution / active EE | $353 | $1,788-80.3% | $3,268-89.2% | $2,111-83.3% |
| Participant deferral / active EE | $1,737 | $2,418-28.2% | $4,080-57.4% | $3,350-48.1% |
| Admin fee / account holder | $84 | $561-85.1% | $6,913-98.8% | $521-83.9% |