Filed August 8, 2022 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MORGAN STANLEY Service code 49 · EIN 26-4310632 | Other Services | $85,321 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $32,285 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $32,959 | $34,495-4.5% | $78,676-58.1% | $63,975-48.5% |
| Participation rate | 65.9% | 60.8%+5.1pp | 73.6%-7.6pp | 71.1%-5.2pp |
| Annual return | 8.24% | 11.62%-3.4pp | 62.19%-54.0pp | 48.65%-40.4pp |
| Employer contribution / active EE | $1,010 | $1,398-27.8% | $2,850-64.6% | $2,182-53.7% |
| Participant deferral / active EE | $1,432 | $2,100-31.8% | $3,517-59.3% | $3,356-57.3% |
| Admin fee / account holder | $17 | $68-74.5% | $4,510-99.6% | $70-75.4% |