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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MORGANSTANLEYSMITHBARNEYLLC Service code 26 · EIN 20-8764829 | Advisory (Participants) | $59,318 |
Service code 37 · EIN 04-2647786 | Loan Processing | $42,900 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $53,327 | $54,193-1.6% | $93,669-43.1% | $77,714-31.4% |
| Participation rate | 92.2% | 63.9%+28.3pp | 68.7%+23.5pp | 70.6%+21.7pp |
| Annual return | 16.14% | 30.54%-14.4pp | 133.59%-117.4pp | 31.26%-15.1pp |
| Employer contribution / active EE | $0 | $1,168-100.0% | $2,424-100.0% | $2,727-100.0% |
| Participant deferral / active EE | $6,637 | $3,144+111.1% | $4,416+50.3% | $4,649+42.8% |
| Admin fee / account holder | $210 | $576-63.5% | $8,291-97.5% | $433-51.6% |