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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 | $30,375 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $22,831 |
ASCENSUS LLC1 year Filed as: FUTUREPLAN Service code 13 · EIN 11-3665754 | Contract Administrator | $9,798 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $4,523 |
TBS AGENCY INC3 years Service code 53 · EIN 52-1473914 | Insurance Commissions | $53 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,277 | $34,634+30.7% | $77,096-41.3% | $64,819-30.1% |
| Participation rate | 48.4% | 49.8%-1.4pp | 67.9%-19.5pp | 71.5%-23.1pp |
| Annual return | -14.18% | -5.31%-8.9pp | 42.35%-56.5pp | 32.84%-47.0pp |
| Employer contribution / active EE | $1,772 | $1,385+28.0% | $2,814-37.0% | $2,507-29.3% |
| Participant deferral / active EE | $2,824 | $2,553+10.6% | $4,429-36.2% | $4,311-34.5% |
| Admin fee / account holder | $110 | $178-38.4% | $5,428-98.0% | $188-41.6% |