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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY4 years Filed as: MORGAN STANLEY Service code 15 · EIN 20-8764829 | Recordkeeping | $118,558 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $173,975 | $81,358+113.8% | $155,556+11.8% | $80,959+114.9% |
| Participation rate | 100.0% | 66.3%+33.7pp | 78.2%+21.8pp | 67.7%+32.3pp |
| Annual return | 14.42% | 33.39%-19.0pp | 64.84%-50.4pp | 35.67%-21.3pp |
| Employer contribution / active EE | $48 | $3,106-98.5% | $4,675-99.0% | $2,757-98.3% |
| Participant deferral / active EE | $5,938 | $3,455+71.8% | $5,631+5.5% | $4,300+38.1% |
| Admin fee / account holder | $939 | $7,994-88.3% | $15,885-94.1% | $6,925-86.4% |