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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $122,714 |
MORGAN STANLEY SMITH BARNEY6+ years Filed as: MORGAN STANLEY WEALTH MANAGEMENT Service code 49 · EIN 02-6431063 | Other Services | $33,557 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $58,502 | $79,519-26.4% | $95,960-39.0% | $73,412-20.3% |
| Participation rate | 94.0% | 81.2%+12.8pp | 77.1%+16.9pp | 72.2%+21.8pp |
| Annual return | 11.82% | 19.20%-7.4pp | 91.63%-79.8pp | 59.30%-47.5pp |
| Employer contribution / active EE | $1,236 | $2,048-39.6% | $2,541-51.4% | $2,234-44.7% |
| Participant deferral / active EE | $4,514 | $4,138+9.1% | $4,167+8.3% | $3,806+18.6% |
| Admin fee / account holder | $283 | $184+53.8% | $6,797-95.8% | $158+79.5% |