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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY6 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 27 · EIN 26-4310632 | Advisory (Plan) | $60,023 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 62 · EIN 04-1590850 | Float revenue; Recordkeeping fees | $40,130 |
THE BENEFIT PRACTICE6 years Service code 50 · EIN 13-4144565 | Direct Payment | $12,219 |
Filed as: BORIS BENIC AND ASSOCIATS LLP Service code 10 · EIN 54-2190047 | Accounting | $7,908 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $7,273 |
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 | $185,844 | $65,437+184.0% | $86,698+114.4% | $66,949+177.6% |
| Participation rate | 84.7% | 75.5%+9.2pp | 76.6%+8.1pp | 69.8%+14.8pp |
| Annual return | -14.02% | -10.91%-3.1pp | 35.96%-50.0pp | 1.57%-15.6pp |
| Employer contribution / active EE | $5,076 | $2,154+135.7% | $2,837+78.9% | $2,545+99.4% |
| Participant deferral / active EE | $9,282 | $4,102+126.3% | $4,656+99.4% | $4,239+119.0% |
| Admin fee / account holder | $378 | $642-41.1% | $7,492-95.0% | $594-36.3% |