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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $92,940 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY GLOBAL Service code 27 · EIN 26-4310632 | Advisory (Plan) | $58,258 |
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 | $191,547 | $84,940+125.5% | $111,306+72.1% | $79,389+141.3% |
| Participation rate | 100.0% | 75.9%+24.1pp | 77.3%+22.7pp | 70.7%+29.3pp |
| Annual return | 9.56% | 17.45%-7.9pp | 54.67%-45.1pp | 116.89%-107.3pp |
| Employer contribution / active EE | $6,937 | $1,979+250.5% | $2,732+153.9% | $2,428+185.7% |
| Participant deferral / active EE | $6,002 | $3,889+54.3% | $4,488+33.7% | $4,046+48.3% |
| Admin fee / account holder | $633 | $537+17.8% | $7,966-92.1% | $626+1.1% |