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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY8 years Filed as: MORGAN STANLEY Service code 28 · EIN 36-3145972 | Investment Management | $100,107 |
CHARLES SCHWAB & CO., INC.8 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $68,998 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $135,416 | $108,719+24.6% | $101,326+33.6% | $85,563+58.3% |
| Participation rate | 97.2% | 80.9%+16.3pp | 81.5%+15.7pp | 66.0%+31.2pp |
| Annual return | 14.19% | 20.95%-6.8pp | 36.82%-22.6pp | 31.51%-17.3pp |
| Employer contribution / active EE | $1,459 | $3,114-53.1% | $3,665-60.2% | $2,654-45.0% |
| Participant deferral / active EE | $10,497 | $8,545+22.8% | $7,994+31.3% | $4,375+139.9% |
| Admin fee / account holder | $445 | $685-35.0% | $11,185-96.0% | $834-46.7% |