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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $98,652 |
MORGAN STANLEY SMITH BARNEY3 years Filed as: MORGAN STANLEY & CO. INCORPORATED Service code 27 · EIN 26-4310632 | Advisory (Plan) | $55,536 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $187,312 | $79,223+136.4% | $102,460+82.8% | $74,478+151.5% |
| Participation rate | 97.7% | 74.8%+23.0pp | 76.5%+21.2pp | 67.2%+30.5pp |
| Annual return | 8.72% | 54.98%-46.3pp | 29.47%-20.7pp | 1370.56%-1361.8pp |
| Employer contribution / active EE | $9,769 | $2,363+313.4% | $3,025+222.9% | $2,626+272.0% |
| Participant deferral / active EE | $7,722 | $4,417+74.8% | $5,056+52.7% | $4,350+77.5% |
| Admin fee / account holder | $613 | $2,003-69.4% | $9,460-93.5% | $1,946-68.5% |