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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY3 years Filed as: MORGAN STANLEY GLOBAL BANKING OPERA Service code 26 1300 THAMES STREET WHARF · BALTIMORE, MD 21231 | Advisory (Participants) | $50,638 |
PAYCHEX, INC.1 year Filed as: PAYCHEX INC Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $44,119 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $208,963 | $122,042+71.2% | $184,260+13.4% | $74,459+180.6% |
| Participation rate | 94.6% | 85.5%+9.1pp | 86.8%+7.8pp | 67.2%+27.4pp |
| Annual return | 17.48% | 19.91%-2.4pp | 28.84%-11.4pp | 1369.70%-1352.2pp |
| Employer contribution / active EE | $12,130 | $4,537+167.3% | $6,427+88.7% | $2,626+361.9% |
| Participant deferral / active EE | $21,120 | $7,143+195.7% | $9,133+131.3% | $4,350+385.6% |
| Admin fee / account holder | $604 | $1,252-51.8% | $13,898-95.7% | $1,945-69.0% |