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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY4+ years Filed as: MORGAN STANLEY SMITH BARNEY HOLDING Service code 27 1 NEW YORK PLAZA, 12TH FLOOR · NEW YORK, NY 10004 | Advisory (Plan) | $36,627 |
Filed as: PUTNAM INVESTMENTS Service code 15 ONE POST OFFICE SQUARE · BOSTON, MA 02109 | Recordkeeping | $16,570 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $70,362 | $43,504+61.7% | $68,612+2.6% | $56,289+25.0% |
| Participation rate | 99.4% | 67.8%+31.5pp | 72.2%+27.1pp | 69.9%+29.5pp |
| Annual return | -7.13% | -3.15%-4.0pp | -4.63%-2.5pp | -9.96%+2.8pp |
| Employer contribution / active EE | $3,388 | $1,525+122.1% | $2,625+29.1% | $2,111+60.5% |
| Participant deferral / active EE | $3,947 | $2,509+57.3% | $3,311+19.2% | $3,350+17.8% |
| Admin fee / account holder | $84 | $515-83.7% | $5,131-98.4% | $521-83.9% |