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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 | $88,137+119.7% | $164,975+17.4% | $74,429+160.2% |
| Participation rate | 39.7% | 73.1%-33.5pp | 78.6%-39.0pp | 67.2%-27.6pp |
| Annual return | 11.97% | 17.13%-5.2pp | 70.12%-58.1pp | 1368.38%-1356.4pp |
| Employer contribution / active EE | $2,150 | $2,597-17.2% | $4,343-50.5% | $2,625-18.1% |
| Participant deferral / active EE | $3,416 | $4,501-24.1% | $6,033-43.4% | $4,348-21.5% |
| Admin fee / account holder | $430 | $2,231-80.7% | $12,688-96.6% | $1,944-77.9% |