Filed December 19, 2016
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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY SMITH BARNEY, LLC Service code 49 · EIN 26-4310632 | Other Services | $18,915 |
Service code 14 1320 HARBOR BAY PKWY, SUITE 210 · ALAMEDA, CA 94502 | Plan Administrator | $2,903 |
Filed as: VOYA RETIREMENT INSURANCE Service code 26 · EIN 71-0294708 | Advisory (Participants) | $262 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381 | Advisory (Participants) | $238 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,087 | $54,390-85.1% | $117,039-93.1% | $69,631-88.4% |
| Participation rate | 76.6% | 58.5%+18.0pp | 77.2%-0.6pp | 70.7%+5.9pp |
| Annual return | 15.00% | 18.33%-3.3pp | 18.95%-3.9pp | 27571.02%-27556.0pp |
| Employer contribution / active EE | $319 | $1,357-76.5% | $3,785-91.6% | $2,032-84.3% |
| Participant deferral / active EE | $1,969 | $2,076-5.1% | $3,929-49.9% | $3,224-38.9% |
| Admin fee / account holder | $42 | $98-57.2% | $5,974-99.3% | $110-62.1% |