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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY GLOBAL Service code 28 · EIN 26-4310632 | Investment Management | $69,000 |
CHARLES SCHWAB & CO., INC.5 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $65,950 |
CHARLES SCHWAB & CO., INC.10+ years Service code 33 · EIN 94-1737782 | Float revenue; Direct payment from th... | $89 |
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 | $246,574 | $78,562+213.9% | $105,608+133.5% | $74,429+231.3% |
| Participation rate | 97.8% | 72.8%+25.0pp | 75.3%+22.5pp | 67.2%+30.6pp |
| Annual return | 14.92% | 15.94%-1.0pp | 116.50%-101.6pp | 1368.38%-1353.5pp |
| Employer contribution / active EE | $13,635 | $2,521+440.8% | $3,167+330.5% | $2,625+419.5% |
| Participant deferral / active EE | $10,154 | $4,321+135.0% | $5,010+102.7% | $4,348+133.5% |
| Admin fee / account holder | $511 | $2,217-76.9% | $11,028-95.4% | $1,944-73.7% |