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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $43,226 |
MORGAN STANLEY SMITH BARNEY4 years Filed as: MORGAN STANLEY DOMESTIC Service code 26 1300 THAMES ST · BALTIMORE, MD 21231 | Advisory (Participants) | $27,260 |
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287 | Directed Trustee | $2,900 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $144,840 | $101,499+42.7% | $147,005-1.5% | $74,546+94.3% |
| Participation rate | 59.1% | 75.5%-16.5pp | 82.2%-23.1pp | 67.2%-8.1pp |
| Annual return | 13.11% | 8732.34%-8719.2pp | 418.76%-405.7pp | 1366.03%-1352.9pp |
| Employer contribution / active EE | $2,718 | $3,811-28.7% | $4,934-44.9% | $2,624+3.6% |
| Participant deferral / active EE | $5,488 | $7,304-24.9% | $8,070-32.0% | $4,347+26.2% |
| Admin fee / account holder | $512 | $1,748-70.7% | $13,006-96.1% | $1,944-73.6% |