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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY GLOBAL BANKING OPERA Service code 15 1300 THAMES STREET WHARF · BALTIMORE, MD 21231 | Recordkeeping | $56,852 |
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $33,078 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $179,868 | $130,294+38.0% | $170,028+5.8% | $71,495+151.6% |
| Participation rate | 96.2% | 86.2%+10.0pp | 87.0%+9.1pp | 67.9%+28.2pp |
| Annual return | 22.56% | 20.36%+2.2pp | 53.39%-30.8pp | 28.85%-6.3pp |
| Employer contribution / active EE | $11,448 | $4,385+161.1% | $6,788+68.7% | $2,589+342.1% |
| Participant deferral / active EE | $20,075 | $6,928+189.8% | $10,409+92.9% | $4,291+367.9% |
| Admin fee / account holder | $559 | $966-42.2% | $12,820-95.6% | $1,588-64.8% |