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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $43,951 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY GLOBAL Service code 27 · EIN 26-4310844 | Advisory (Plan) | $32,560 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $193,631 | $88,203+119.5% | $165,100+17.3% | $74,478+160.0% |
| Participation rate | 39.7% | 73.1%-33.5pp | 78.6%-39.0pp | 67.2%-27.6pp |
| Annual return | 11.97% | 17.13%-5.2pp | 70.21%-58.2pp | 1370.56%-1358.6pp |
| Employer contribution / active EE | $2,150 | $2,601-17.3% | $4,348-50.6% | $2,626-18.1% |
| Participant deferral / active EE | $3,416 | $4,505-24.2% | $6,035-43.4% | $4,350-21.5% |
| Admin fee / account holder | $430 | $2,235-80.8% | $12,696-96.6% | $1,946-77.9% |