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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 | $89,067+42.9% | $102,423+24.3% | $77,714+63.8% |
| Participation rate | 84.7% | 80.9%+3.8pp | 76.5%+8.2pp | 70.6%+14.1pp |
| Annual return | 13.44% | 25.01%-11.6pp | 29.42%-16.0pp | 31.26%-17.8pp |
| Employer contribution / active EE | $4,668 | $2,699+72.9% | $3,023+54.4% | $2,727+71.2% |
| Participant deferral / active EE | $7,658 | $5,147+48.8% | $5,054+51.5% | $4,649+64.7% |
| Admin fee / account holder | $333 | $236+41.3% | $9,455-96.5% | $433-23.1% |