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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MORGAN STANLEY GLOBAL BANKING OPS Service code 27 · EIN 26-4310632 | Advisory (Plan) | $68,995 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $41,090 |
Filed as: GELMAN PENSION CONSULTING Service code 15 · EIN 13-3752538 | Recordkeeping | $2,500 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $239,143 | $84,493+183.0% | $125,381+90.7% | $66,938+257.3% |
| Participation rate | 99.0% | 76.4%+22.6pp | 82.4%+16.6pp | 69.8%+29.2pp |
| Annual return | -18.60% | -8.49%-10.1pp | 572.31%-590.9pp | 1.58%-20.2pp |
| Employer contribution / active EE | $9,794 | $3,554+175.6% | $4,815+103.4% | $2,545+284.8% |
| Participant deferral / active EE | $14,002 | $6,783+106.4% | $7,448+88.0% | $4,238+230.4% |
| Admin fee / account holder | $881 | $685+28.6% | $10,007-91.2% | $594+48.5% |