Filed December 3, 2019 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $266,011 |
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY Service code 27 · EIN 26-4310632 | Advisory (Plan) | $72,000 |
Employer contribution per participant 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 | $54,584 | $88,730-38.5% | $82,312-33.7% | $77,958-30.0% |
| Participation rate | 80.1% | 84.5%-4.5pp | 76.9%+3.2pp | 71.6%+8.4pp |
| Annual return | 16.28% | 20.88%-4.6pp | 25.88%-9.6pp | 20.87%-4.6pp |
| Employer contribution / active EE | $929 | $2,758-66.3% | $2,428-61.7% | $2,310-59.8% |
| Participant deferral / active EE | $2,980 | $4,634-35.7% | $3,706-19.6% | $3,537-15.7% |
| Admin fee / account holder | $116 | $74+57.3% | $5,608-97.9% | $97+19.5% |