Filed November 17, 2021
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 26 · EIN 20-8764829 | Advisory (Participants) | $14,284 |
Service code 37 · EIN 04-2647786 | Loan Processing | $8,557 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,310 | $89,123-46.9% | $102,460-53.8% | $77,762-39.2% |
| Participation rate | 77.4% | 80.9%-3.6pp | 76.5%+0.9pp | 70.6%+6.8pp |
| Annual return | 29.34% | 25.05%+4.3pp | 29.47%-0.1pp | 31.27%-1.9pp |
| Employer contribution / active EE | $31 | $2,700-98.8% | $3,025-99.0% | $2,728-98.8% |
| Participant deferral / active EE | $3,618 | $5,148-29.7% | $5,056-28.5% | $4,651-22.2% |
| Admin fee / account holder | $93 | $236-60.6% | $9,460-99.0% | $433-78.5% |