Filed December 3, 2019 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $233,876 |
MORGAN STANLEY SMITH BARNEY2+ years Filed as: MORGAN STANLEY Service code 27 · EIN 26-4310632 | Advisory (Plan) | $72,000 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $49,886 | $80,211-37.8% | $74,184-32.8% | $63,975-22.0% |
| Participation rate | 79.8% | 84.2%-4.4pp | 76.6%+3.2pp | 71.1%+8.7pp |
| Annual return | 2.93% | 14.13%-11.2pp | 17.74%-14.8pp | 48.65%-45.7pp |
| Employer contribution / active EE | $920 | $2,553-64.0% | $2,370-61.2% | $2,182-57.9% |
| Participant deferral / active EE | $2,905 | $4,370-33.5% | $3,550-18.2% | $3,356-13.5% |
| Admin fee / account holder | $116 | $67+72.6% | $5,586-97.9% | $70+64.7% |