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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY Service code 19 · EIN 20-8764829 | Securities Custodian | $167,090 |
Filed as: MERRILL LYNCH Service code 19 · EIN 13-5674085 | Securities Custodian | $0 |
Filed as: ROYAL ALLIANCE Service code 19 10 EXCHANGE PLACE · JERSEY CITY, NJ 07302 | Securities Custodian | $0 |
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 | $147,556 | $65,125+126.6% | $143,797+2.6% | $66,949+120.4% |
| Participation rate | 100.0% | 65.2%+34.8pp | 80.3%+19.7pp | 69.8%+30.2pp |
| Annual return | -14.37% | -11.13%-3.2pp | -0.04%-14.3pp | 1.57%-15.9pp |
| Employer contribution / active EE | $7,361 | $2,362+211.6% | $4,952+48.6% | $2,545+189.2% |
| Participant deferral / active EE | $4,075 | $2,920+39.6% | $5,638-27.7% | $4,239-3.9% |
| Admin fee / account holder | $1,158 | $503+130.4% | $14,679-92.1% | $594+95.1% |