Filed February 7, 2020
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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY2+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 49 · EIN 26-4310632 1 NEW YORK PLAZA, FLOOR 12 · NEW YORK, NY 100041901 | Other Services | $57,857 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $39,485 |
ACTUARIAL BENEFITS CORP2+ years Filed as: ACTUARIAL BENEFITS CORP. Service code 38 · EIN 20-1054428 2790 SKYPARK DRIVE, SUITE 300 · TORRANCE, CA 90505 | Participant Communication | $21,724 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $60,798 | $82,279-26.1% | $78,002-22.1% | $63,975-5.0% |
| Participation rate | 67.9% | 84.7%-16.8pp | 75.5%-7.6pp | 71.1%-3.2pp |
| Annual return | 7.07% | 11.20%-4.1pp | 425.99%-418.9pp | 48.65%-41.6pp |
| Employer contribution / active EE | $1,802 | $3,297-45.3% | $2,470-27.0% | $2,182-17.4% |
| Participant deferral / active EE | $3,042 | $4,538-33.0% | $3,497-13.0% | $3,356-9.4% |
| Admin fee / account holder | $43 | $81-47.4% | $5,481-99.2% | $70-39.2% |