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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY4 years Filed as: MORGAN STANLEY Service code 28 · EIN 26-4310632 | Investment Management | $83,400 |
CHARLES SCHWAB & CO., INC.4 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $69,033 |
FORVIS, LLP1 year Filed as: MAZARS USA, LLP Service code 10 · EIN 13-1459550 | Accounting | $13,785 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $114,419 | $87,125+31.3% | $108,405+5.5% | $86,821+31.8% |
| Participation rate | 97.9% | 80.5%+17.3pp | 80.1%+17.7pp | 72.3%+25.6pp |
| Annual return | 14.05% | 25.21%-11.2pp | 905.55%-891.5pp | 97.94%-83.9pp |
| Employer contribution / active EE | $0 | $2,477-100.0% | $3,559-100.0% | $2,406-100.0% |
| Participant deferral / active EE | $7,646 | $6,944+10.1% | $6,563+16.5% | $4,132+85.1% |
| Admin fee / account holder | $421 | $130+223.2% | $7,297-94.2% | $170+148.1% |