Filed June 26, 2024
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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY2+ years Filed as: MORGAN STANLEY INS SVCS INC Service code 53 | Insurance Commissions | $10,692 |
MORGAN STANLEY SMITH BARNEY2+ years Filed as: MORGAN STANLEY INS SVCS Service code 53 · EIN 51-0116113 1 NEW YORK PLAZA FLOOR 12 · NEW YORK, NY 10004 | Insurance Commissions | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $15,385 | $63,314-75.7% | $91,004-83.1% | $62,293-75.3% |
| Participation rate | 95.5% | 73.3%+22.2pp | 75.6%+19.9pp | 69.5%+26.0pp |
| Annual return | 18.68% | 21.00%-2.3pp | 4.60%+14.1pp | 28.90%-10.2pp |
| Employer contribution / active EE | $1,604 | $1,807-11.2% | $2,456-34.7% | $2,042-21.4% |
| Participant deferral / active EE | $2,744 | $2,944-6.8% | $3,548-22.7% | $3,169-13.4% |
| Admin fee / account holder | $13 | $468-97.3% | $5,417-99.8% | $479-97.3% |