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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $112,418 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY Service code 27 · EIN 51-0116113 | Advisory (Plan) | $54,412 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $181,949 | $62,132+192.8% | $185,861-2.1% | $73,497+147.6% |
| Participation rate | 100.0% | 67.8%+32.2pp | 78.0%+22.0pp | 70.7%+29.3pp |
| Annual return | 16.28% | 20.44%-4.2pp | 35.96%-19.7pp | 28.51%-12.2pp |
| Employer contribution / active EE | $4,219 | $1,681+150.9% | $4,088+3.2% | $2,270+85.9% |
| Participant deferral / active EE | $9,999 | $3,711+169.4% | $5,634+77.5% | $3,740+167.4% |
| Admin fee / account holder | $748 | $419+78.7% | $9,503-92.1% | $513+45.9% |