Filed September 10, 2021 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY5+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 15 · EIN 26-4310632 | Recordkeeping | $26,219 |
ADP BROKER-DEALER5+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $19,358 |
ADP BROKER-DEALER5+ 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 | $73,821 | $98,982-25.4% | $162,185-54.5% | $65,186+13.2% |
| Participation rate | 96.6% | 85.8%+10.8pp | 87.6%+9.1pp | 70.2%+26.4pp |
| Annual return | 23.43% | 24.84%-1.4pp | 115.61%-92.2pp | 29.39%-6.0pp |
| Employer contribution / active EE | $3,864 | $3,467+11.5% | $5,613-31.2% | $2,177+77.5% |
| Participant deferral / active EE | $4,371 | $5,384-18.8% | $7,297-40.1% | $3,514+24.4% |
| Admin fee / account holder | $304 | $596-49.1% | $10,844-97.2% | $847-64.1% |