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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 | $79,184+136.6% | $102,438+82.9% | $74,546+151.3% |
| Participation rate | 97.7% | 74.8%+22.9pp | 76.5%+21.2pp | 67.2%+30.5pp |
| Annual return | 8.72% | 54.95%-46.2pp | 29.37%-20.6pp | 1366.03%-1357.3pp |
| Employer contribution / active EE | $9,769 | $2,362+313.6% | $3,024+223.1% | $2,624+272.2% |
| Participant deferral / active EE | $7,722 | $4,414+74.9% | $5,054+52.8% | $4,347+77.6% |
| Admin fee / account holder | $613 | $2,001-69.4% | $9,448-93.5% | $1,944-68.5% |