Filed October 4, 2024 (most recent of 3 filings on file)
Total covered: 9 employees
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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY7+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 26 · EIN 20-8764829 | Advisory (Participants) | $32,213 |
Service code 37 · EIN 04-2647786 | Loan Processing | $14,111 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,059 | $65,434-8.2% | $98,483-39.0% | $85,847-30.0% |
| Participation rate | 100.0% | 65.0%+35.0pp | 73.3%+26.7pp | 69.3%+30.7pp |
| Annual return | 12.79% | 21.75%-9.0pp | 1494.38%-1481.6pp | 318.61%-305.8pp |
| Employer contribution / active EE | $82 | $2,169-96.2% | $2,961-97.2% | $2,565-96.8% |
| Participant deferral / active EE | $5,163 | $3,168+63.0% | $4,276+20.7% | $3,952+30.6% |
| Admin fee / account holder | $235 | $4,595-94.9% | $5,953-96.0% | $6,261-96.2% |