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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $656,372 |
LPL FINANCIAL1 year Filed as: LPL FINANCIAL, LLC Service code 27 · EIN 04-3046611 | Advisory (Plan) | $186,205 |
UNITED 401K PLANS, INC.1 year Service code 14 | Plan Administrator | $65,065 |
Service code 10 · EIN 87-0367930 | Accounting | $3,800 |
Filed as: MASSACHUSETTS LIFE INS CO Service code 15 | Recordkeeping | $1,959 |
Filed as: ARTHUR J GALLAGHER RISK MANAGEMENT Service code 23 · EIN 36-2102482 | Insurance services | $965 |
RESOURCE MANAGEMENT1 year Filed as: RESOURCE MANAGEMENT, INC. Service code 49 | Other Services | $81 |
RESOURCE MANAGEMENT1 year Filed as: RESOURCE MANAGEMENT INC Service code 49 · EIN 87-0499948 | Other Services | $0 |
Filed as: UNITED 401(K) PLANS INC. Service code 14 · EIN 20-5321813 | Plan Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $17,840 | $86,372-79.3% | $123,894-85.6% | $65,292-72.7% |
| Participation rate | 55.0% | 76.9%-21.9pp | 81.4%-26.4pp | 72.4%-17.4pp |
| Annual return | 14.64% | 11.27%+3.4pp | 47.52%-32.9pp | 11.84%+2.8pp |
| Employer contribution / active EE | $509 | $2,838-82.1% | $4,617-89.0% | $2,302-77.9% |
| Participant deferral / active EE | $1,316 | $5,625-76.6% | $5,984-78.0% | $3,579-63.2% |
| Admin fee / account holder | $135 | $53+155.1% | $8,357-98.4% | $57+135.0% |