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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY3 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 27 · EIN 20-8764829 | Advisory (Plan) | $49,221 |
Service code 12 · EIN 23-0837700 | Participant loan processing; Other fe... | $40,118 |
CLIFTONLARSONALLEN LLP1 year Service code 10 · EIN 41-0746749 | Accounting | $25,305 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $88,695 | $45,109+96.6% | $85,240+4.1% | $77,762+14.1% |
| Participation rate | 69.6% | 48.7%+20.9pp | 67.5%+2.0pp | 70.6%-1.0pp |
| Annual return | 12.36% | 79.55%-67.2pp | 66.75%-54.4pp | 31.27%-18.9pp |
| Employer contribution / active EE | $1,986 | $1,602+24.0% | $2,735-27.4% | $2,728-27.2% |
| Participant deferral / active EE | $4,998 | $2,814+77.6% | $4,527+10.4% | $4,651+7.5% |
| Admin fee / account holder | $434 | $915-52.6% | $6,165-93.0% | $433+0.3% |