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| Provider | Service type | Compensation |
|---|---|---|
Service code 26 3930 E RAY ROAD STE 170 · PHOENIX, AZ 85044 | Advisory (Participants) | $48,890 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 62 · EIN 04-1590850 | Float revenue; Recordkeeping fees | $30,795 |
Service code 13 · EIN 90-0451904 6500 SW MACADAM AVE · PORTLAND, OR 97239 | Contract Administrator | $24,433 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $2,154 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,934 | $52,122-27.2% | $104,299-63.6% | $64,824-41.5% |
| Participation rate | 58.1% | 56.0%+2.1pp | 73.3%-15.1pp | 71.5%-13.3pp |
| Annual return | -13.42% | 13.26%-26.7pp | 24.62%-38.0pp | 32.84%-46.3pp |
| Employer contribution / active EE | $379 | $1,627-76.7% | $3,373-88.8% | $2,507-84.9% |
| Participant deferral / active EE | $1,347 | $2,823-52.3% | $4,626-70.9% | $4,311-68.8% |
| Admin fee / account holder | $273 | $155+76.9% | $7,339-96.3% | $188+45.6% |