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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $155,132 |
MORGAN STANLEY SMITH BARNEY6 years Filed as: MORGAN STANLEY Service code 27 · EIN 20-8764829 | Advisory (Plan) | $62,630 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $221,979 | $73,532+201.9% | $178,505+24.4% | $74,478+198.0% |
| Participation rate | 99.1% | 66.6%+32.5pp | 77.1%+22.0pp | 67.2%+31.9pp |
| Annual return | 12.74% | 17.49%-4.8pp | 27.16%-14.4pp | 1370.56%-1357.8pp |
| Employer contribution / active EE | $4,986 | $2,221+124.5% | $3,955+26.1% | $2,626+89.8% |
| Participant deferral / active EE | $12,901 | $4,519+185.5% | $6,280+105.4% | $4,350+196.6% |
| Admin fee / account holder | $982 | $1,813-45.8% | $10,428-90.6% | $1,946-49.5% |