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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY3 years Filed as: MORGAN STANLEY Service code 27 1585 BROADWAY · NEW YORK, NY 10036 | Advisory (Plan) | $48,686 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $21,391 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $16,149 |
THE BENEFIT PRACTICE8 years Service code 13 1055 WASHINGTON BLVD · STAMFORD, CT 06901 | Contract Administrator | $14,069 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $138,569 | $101,672+36.3% | $147,117-5.8% | $74,478+86.1% |
| Participation rate | 92.3% | 75.5%+16.8pp | 82.2%+10.1pp | 67.2%+25.1pp |
| Annual return | 12.27% | 8757.83%-8745.6pp | 420.54%-408.3pp | 1370.56%-1358.3pp |
| Employer contribution / active EE | $8,838 | $3,813+131.8% | $4,932+79.2% | $2,626+236.5% |
| Participant deferral / active EE | $12,578 | $7,305+72.2% | $8,065+56.0% | $4,350+189.1% |
| Admin fee / account holder | $636 | $1,753-63.7% | $12,993-95.1% | $1,946-67.3% |