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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE3 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $26,466 |
MORGAN STANLEY SMITH BARNEY2 years Service code 27 1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004 | Advisory (Plan) | $16,216 |
RELO REDAC INC1 year Service code 10 4TH FLOOR · NEW YORK, NY 10018 | Accounting | $11,750 |
INTAC ACTUARIAL SERVICES3 years Filed as: INTAC ACTUARIAL SERVICES INC. Service code 17 50 TICE BLVD, SUITE 151 · WOODCLIFF LAKE, NJ 07677 | Pension Consulting | $6,206 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY INS SVCS INC Service code 27 1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004 | Advisory (Plan) | $2,896 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $87,595 | $62,132+41.0% | $185,835-52.9% | $73,493+19.2% |
| Participation rate | 40.4% | 67.8%-27.4pp | 78.0%-37.7pp | 70.7%-30.3pp |
| Annual return | 19.33% | 20.44%-1.1pp | 35.96%-16.6pp | 28.51%-9.2pp |
| Employer contribution / active EE | $504 | $1,681-70.0% | $4,087-87.7% | $2,270-77.8% |
| Participant deferral / active EE | $3,046 | $3,711-17.9% | $5,633-45.9% | $3,740-18.5% |
| Admin fee / account holder | $436 | $419+4.0% | $9,502-95.4% | $513-15.1% |