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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $85,822 |
MORGAN STANLEY SMITH BARNEY7+ years Filed as: MORGAN STANLEY Service code 27 · EIN 13-2655998 | Advisory (Plan) | $48,342 |
ERNST & YOUNG LLP7+ years Service code 10 · EIN 34-6565596 | Accounting | $13,000 |
WELLS FARGO BANK, N.A.7+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $11,588 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Opinion is qualified - a specific issue limited the scope or accuracy of the audit.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $214,984 | $121,341+77.2% | $189,537+13.4% | $79,391+170.8% |
| Participation rate | 100.0% | 86.1%+13.9pp | 87.8%+12.2pp | 70.7%+29.3pp |
| Annual return | 12.17% | 21.08%-8.9pp | 555.34%-543.2pp | 116.88%-104.7pp |
| Employer contribution / active EE | $4,941 | $3,915+26.2% | $6,161-19.8% | $2,428+103.5% |
| Participant deferral / active EE | $7,735 | $6,395+20.9% | $8,220-5.9% | $4,046+91.2% |
| Admin fee / account holder | $367 | $651-43.7% | $12,048-97.0% | $627-41.4% |