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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $84,557 |
MORGAN STANLEY SMITH BARNEY5+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 27 · EIN 26-4310632 | Advisory (Plan) | $41,739 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $154,981 | $66,319+133.7% | $93,621+65.5% | $65,186+137.8% |
| Participation rate | 99.1% | 74.0%+25.1pp | 75.8%+23.2pp | 70.2%+28.9pp |
| Annual return | 18.61% | 42.59%-24.0pp | 32.76%-14.1pp | 29.39%-10.8pp |
| Employer contribution / active EE | $7,818 | $2,013+288.4% | $2,719+187.6% | $2,177+259.2% |
| Participant deferral / active EE | $9,248 | $3,343+176.6% | $4,070+127.2% | $3,514+163.2% |
| Admin fee / account holder | $645 | $6,900-90.6% | $7,890-91.8% | $847-23.8% |