Retirement plan
MORGAN STANLEY 401(K) PLAN
MORGAN STANLEY DOMESTIC HOLDINGS, LLCEIN 20-8764829Plan #003PY 2023
750 SEVENTH AVENUE - NEW YORK, NY 10019212-761-4550
Other plans on this EIN
1 filingProspect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
JENNIFER CACCIATORE
Signed 10/02/2024
Summary metrics
Total assets (EOY)
$19235.1M
-12.4% from 2016
Total participants
81,076
-2.0% from 2016
Average account balance
$247,811
-13.1% from 2016
Annual return
16.75%
-16.75 pp from 2016
Benchmarks
Peer group
Industry52 - Finance and Insurance
Plan typeDefined contribution
Participants>=10,000
Cohort90 peers
Snapshot2023
89
Participant deferral / active EE
$14,730
median $8,090
78
Employer contribution / active EE
$7,275
median $4,596
31
Participation rate
93.6%
median 96.7%
94
Avg account balance
$247,811
median $125,798
9
Admin fee / account holder
$207
median $54
30
Annual return
16.75%
median 18.72%
Overall peer rank
55of 100
55th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$22.18B
Average account balance
Total assets / participants with a balance (line 6g)
$287K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
77,339
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
93.6%
Contributions (total)
Employer and participant dollars contributed each year
$1.23B
Contributions per participant
Average employer and participant contribution per enrolled participant
$23K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+16.67%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$221
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 10 of 18 by compensation
| Provider | Service type | Compensation |
|---|---|---|
T. ROWE PRICE ASSOCIATES, INC.9+ years Service code 28 · EIN 52-0556948 | Investment Management | $3,430,928 |
PACIFIC INVESTMENT MGMT CO LLC9+ years Service code 28 · EIN 33-0629048 | Investment Management | $1,501,711 |
Service code 28 · EIN 80-0175963 | Investment Management | $1,472,288 |
Service code 21 · EIN 94-3112180 | Bank Trustee | $1,352,208 |
ARTISAN PARTNERS9+ years Service code 51 · EIN 30-0551775 | Investment Mgmt Fees | $1,247,353 |
Service code 28 · EIN 54-0854396 | Investment Management | $1,116,561 |
Service code 18 · EIN 81-4017137 | Custodial (securities); Custodial (ot... | $1,075,354 |
Service code 27 · EIN 13-3160186 | Advisory (Plan) | $1,052,162 |
FRED ALGER MANAGEMENT LLC3 years Service code 28 · EIN 13-2510833 | Investment Management | $959,978 |
Service code 28 · EIN 20-1733361 | Investment Management | $905,568 |
Plan features & details
Pension benefit codes2E2F2G2J2K2O2T3F3H2A
Plan features
- 2AAge/service weighted or new comparability planAge/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2OESOP other than a leveraged ESOPEmployee stock ownership plan that is not leveraged.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$16.1M
$296 / participant
- Recordkeeping$121K0.8%
- Trustee / custodial$110K0.7%
- Investment mgmt$16M97.3%
- Other / not subdivided$201K1.2%
% of EOY assets
0.084%
all-in expense ratio
Categories reported
3 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- DELOITTE & TOUCHE LLP
- Auditor EIN
- 133891517
- Audit fees
- $115,000
- Opinion code
- Unqualified