Filed October 9, 2019 (most recent of 2 filings on file)
Total covered: 4 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE5+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $27,487 |
MORGAN STANLEY SMITH BARNEY5+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 99 700 RED BROOK BLVD, STE 300 · OWINGS MILLS, MD 21117 | Other Fees | $20,448 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $53,586 | $52,961+1.2% | $172,752-69.0% | $65,185-17.8% |
| Participation rate | 46.9% | 66.2%-19.3pp | 82.6%-35.8pp | 70.2%-23.3pp |
| Annual return | 22.52% | 30.12%-7.6pp | 802.97%-780.4pp | 29.38%-6.9pp |
| Employer contribution / active EE | $4 | $2,190-99.8% | $5,144-99.9% | $2,177-99.8% |
| Participant deferral / active EE | $2,438 | $2,471-1.3% | $5,198-53.1% | $3,514-30.6% |
| Admin fee / account holder | $310 | $472-34.3% | $13,955-97.8% | $847-63.4% |