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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY4 years Filed as: MORGAN STANLEY Service code 27 1585 BROADWAY · NEW YORK, NY 10036 | Advisory (Plan) | $91,287 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $77,395 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $35,270 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $127,284 | $88,982+43.0% | $102,438+24.3% | $77,671+63.9% |
| Participation rate | 84.7% | 80.9%+3.8pp | 76.5%+8.2pp | 70.6%+14.1pp |
| Annual return | 13.44% | 25.01%-11.6pp | 29.37%-15.9pp | 31.21%-17.8pp |
| Employer contribution / active EE | $4,668 | $2,698+73.0% | $3,024+54.4% | $2,726+71.2% |
| Participant deferral / active EE | $7,658 | $5,144+48.9% | $5,054+51.5% | $4,648+64.8% |
| Admin fee / account holder | $333 | $236+41.5% | $9,448-96.5% | $430-22.6% |