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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 22 · EIN 26-4310632 | Insurance Broker | $0 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,077 | $58,726-53.9% | $92,233-70.6% | $62,292-56.5% |
| Participation rate | 45.7% | 68.3%-22.7pp | 76.5%-30.8pp | 69.5%-23.9pp |
| Annual return | 14.61% | 43.62%-29.0pp | 176.28%-161.7pp | 28.90%-14.3pp |
| Employer contribution / active EE | $442 | $2,392-81.5% | $3,679-88.0% | $2,042-78.4% |
| Participant deferral / active EE | $2,456 | $2,766-11.2% | $3,897-37.0% | $3,169-22.5% |
| Admin fee / account holder | $3 | $556-99.5% | $5,194-99.9% | $479-99.4% |