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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $85,455 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY & CO. INCORPORATED Service code 27 · EIN 26-4310632 | Advisory (Plan) | $47,262 |
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 | $174,082 | $76,112+128.7% | $96,544+80.3% | $71,529+143.4% |
| Participation rate | 99.2% | 74.4%+24.8pp | 76.0%+23.3pp | 67.9%+31.3pp |
| Annual return | 12.90% | 22.80%-9.9pp | 25.88%-13.0pp | 28.97%-16.1pp |
| Employer contribution / active EE | $8,188 | $2,248+264.2% | $2,966+176.0% | $2,590+216.2% |
| Participant deferral / active EE | $7,035 | $4,217+66.8% | $4,851+45.0% | $4,291+63.9% |
| Admin fee / account holder | $534 | $2,708-80.3% | $8,254-93.5% | $1,588-66.4% |