Filed September 10, 2021 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 15 · EIN 26-4310632 | Recordkeeping | $21,069 |
ADP BROKER-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $20,137 |
ADP BROKER-DEALER3+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $63,967 | $89,739-28.7% | $149,721-57.3% | $62,293+2.7% |
| Participation rate | 97.4% | 85.1%+12.3pp | 87.1%+10.4pp | 69.5%+27.9pp |
| Annual return | 18.19% | 21.01%-2.8pp | 1501.67%-1483.5pp | 28.90%-10.7pp |
| Employer contribution / active EE | $3,214 | $3,233-0.6% | $5,444-41.0% | $2,042+57.4% |
| Participant deferral / active EE | $3,696 | $4,797-22.9% | $6,568-43.7% | $3,169+16.6% |
| Admin fee / account holder | $305 | $551-44.6% | $11,282-97.3% | $479-36.3% |