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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $87,379 |
MORGAN STANLEY SMITH BARNEY5 years Filed as: MORGAN STANLEY GLOBAL BANKING OPERA Service code 27 · EIN 26-4310632 | Advisory (Plan) | $53,434 |
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 | $175,387 | $80,763+117.2% | $102,412+71.3% | $74,459+135.5% |
| Participation rate | 80.0% | 65.7%+14.3pp | 74.5%+5.5pp | 67.2%+12.8pp |
| Annual return | 15.38% | 27.57%-12.2pp | 24.94%-9.6pp | 1369.70%-1354.3pp |
| Employer contribution / active EE | $2,763 | $3,160-12.5% | $3,870-28.6% | $2,626+5.2% |
| Participant deferral / active EE | $7,587 | $3,862+96.5% | $5,060+49.9% | $4,350+74.4% |
| Admin fee / account holder | $520 | $2,371-78.1% | $8,388-93.8% | $1,945-73.3% |