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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $36,002 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY INSURANCE SERVICES I Service code 49 · EIN 51-0116113 | Other Services | $13,900 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,635 | $85,713-50.3% | $86,698-50.8% | - |
| Participation rate | 75.8% | 72.2%+3.6pp | 76.6%-0.8pp | - |
| Annual return | -9.16% | -20.12%+11.0pp | 35.95%-45.1pp | - |
| Employer contribution / active EE | $1,410 | $1,789-21.2% | $2,837-50.3% | - |
| Participant deferral / active EE | $2,515 | $3,318-24.2% | $4,656-46.0% | - |
| Admin fee / account holder | $346 | $28,935-98.8% | $7,493-95.4% | - |