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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MORGAN STANLEY Service code 27 1585 BROADWAY · NEW YORK, NY 10036 | Advisory (Plan) | $20,062 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $18,894 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $8,436 |
MORGAN STANLEY SMITH BARNEY8 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 55 1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004 | Other Commissions | $4,991 |
THE BENEFIT PRACTICE8 years Service code 13 1055 WASHINGTON BLVD. SUITE 540 · STAMFORD, CT 06901 | Contract Administrator | $3,910 |
MORGAN STANLEY SMITH BARNEY8 years Filed as: MORGAN STANLEY INSURANCE SERVICES I Service code 55 1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004 | Other Commissions | $102 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,141 | $45,123+31.1% | $85,240-30.6% | $74,478-20.6% |
| Participation rate | 54.9% | 49.4%+5.6pp | 67.5%-12.6pp | 67.2%-12.3pp |
| Annual return | 17.66% | 26.32%-8.7pp | 66.75%-49.1pp | 1370.56%-1352.9pp |
| Employer contribution / active EE | $1,744 | $1,459+19.6% | $2,735-36.2% | $2,626-33.6% |
| Participant deferral / active EE | $4,961 | $2,736+81.3% | $4,527+9.6% | $4,350+14.0% |
| Admin fee / account holder | $286 | $2,215-87.1% | $6,165-95.4% | $1,946-85.3% |