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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 26 · EIN 20-8764829 | Advisory (Participants) | $87,782 |
Service code 37 · EIN 04-2647786 | Loan Processing | $43,713 |
MORGAN STANLEY SMITH BARNEY4 years Service code 61 · EIN 26-4310632 | Finders' fees / placement fees | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $265,405 | $40,435+556.4% | $80,627+229.2% | $74,460+256.4% |
| Participation rate | 93.1% | 47.4%+45.7pp | 67.0%+26.0pp | 70.7%+22.3pp |
| Annual return | 24.52% | 165.19%-140.7pp | 936.76%-912.2pp | 34.38%-9.9pp |
| Employer contribution / active EE | $21,741 | $1,498+1351.7% | $2,723+698.5% | $2,638+724.1% |
| Participant deferral / active EE | $16,068 | $2,673+501.2% | $4,443+261.7% | $4,530+254.7% |
| Admin fee / account holder | $450 | $721-37.5% | $5,381-91.6% | $348+29.5% |