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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 | $122,239+70.9% | $184,200+13.4% | $74,546+180.3% |
| Participation rate | 94.6% | 85.5%+9.1pp | 86.8%+7.8pp | 67.2%+27.4pp |
| Annual return | 17.48% | 19.95%-2.5pp | 28.80%-11.3pp | 1366.03%-1348.6pp |
| Employer contribution / active EE | $12,130 | $4,537+167.3% | $6,424+88.8% | $2,624+362.2% |
| Participant deferral / active EE | $21,120 | $7,139+195.9% | $9,132+131.3% | $4,347+385.8% |
| Admin fee / account holder | $604 | $1,260-52.1% | $13,907-95.7% | $1,944-68.9% |