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| Provider | Service type | Compensation |
|---|---|---|
AMERITAS LIFE INSURANCE CORP2 years Service code 12 · EIN 47-0098400 | Account maintenance fees; Participant... | $1,015,525 |
MORGAN STANLEY SMITH BARNEY5 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 26 · EIN 20-8764829 | Advisory (Participants) | $129,045 |
ALPHASTAFF GROUP, INC.5 years Service code 12 · EIN 65-0314170 | Other fees; Claims processing; Record... | $116,424 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $72,018 |
FISHER & PHILLIPS3 years Filed as: FISHER PHILLIPS Service code 29 · EIN 58-0619559 | Legal | $11,440 |
CHARLES SCHWAB & CO., INC.2 years Service code 19 | Securities Custodian | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $53,548 | $41,040+30.5% | $85,187-37.1% | $99,314-46.1% |
| Participation rate | 50.8% | 34.4%+16.4pp | 67.5%-16.8pp | 71.7%-20.9pp |
| Annual return | -0.33% | 17.44%-17.8pp | 66.67%-67.0pp | 17.67%-18.0pp |
| Employer contribution / active EE | $1,615 | $1,106+46.0% | $2,732-40.9% | $3,264-50.5% |
| Participant deferral / active EE | $4,195 | $2,193+91.3% | $4,525-7.3% | $5,346-21.5% |
| Admin fee / account holder | $287 | $177+62.3% | $6,162-95.3% | $109+163.2% |