| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 13-3689044 | Shareholder servicing fees; Float rev... | $508,138 |
MORGAN STANLEY SMITH BARNEY2+ years Filed as: MORGAN STANLEY WEALTH MANAGEMENT Service code 16 · EIN 26-4310844 | Consulting | $101,000 |
ERNST & YOUNG LLP1 year Filed as: ERNST & YOUNG US LLP Service code 10 · EIN 34-6565596 | Accounting | $37,000 |
MID ATLANTIC CAPITAL CORPORATION2+ years Service code 33 · EIN 25-1409618 | Securities brokerage commissions and ... | $0 |
NATIONAL FINANCIAL SERVICES2+ years Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | STATION CASINOS LLC | PLAN SPONSOR SEE ATTACHMENT, SCHEDULE G PART III | — | — |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $20,558 | $35,463-42.0% | $69,182-70.3% | $329,111-93.8% |
| Participation rate | 59.7% | 34.6%+25.1pp | 55.1%+4.5pp | 67.9%-8.2pp |
| Annual return | 5.20% | 7.72%-2.5pp | -21.93%+27.1pp | 16.35%-11.2pp |
| Employer contribution / active EE | $301 | $449-32.9% | $1,206-75.0% | $2,303-86.9% |
| Participant deferral / active EE | $1,193 | $1,018+17.2% | $1,897-37.1% | $3,682-67.6% |
| Admin fee / account holder | $77 | $64+19.6% | $2,697-97.1% | $754-89.8% |