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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $34,711 |
Service code 13 · EIN 20-4780677 | Contract Administrator | $11,427 |
Filed as: MORGAN STANLEY INSURANCE SERVICES Service code 49 · EIN 51-0116113 | Other Services | $7,241 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,631 | $104,336-72.6% | $159,455-82.0% | $86,813-67.0% |
| Participation rate | 41.1% | 77.7%-36.6pp | 82.8%-41.7pp | 72.3%-31.2pp |
| Annual return | 49.14% | 26.32%+22.8pp | 263.63%-214.5pp | 97.93%-48.8pp |
| Employer contribution / active EE | $917 | $3,451-73.4% | $4,830-81.0% | $2,406-61.9% |
| Participant deferral / active EE | $2,459 | $6,837-64.0% | $7,353-66.6% | $4,131-40.5% |
| Admin fee / account holder | $284 | $172+64.7% | $10,800-97.4% | $170+67.3% |