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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY2+ years Service code 27 1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004 | Advisory (Plan) | $36,696 |
Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $4,094 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $2,537 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $48,467 | $42,546+13.9% | $71,796-32.5% | $55,167-12.1% |
| Participation rate | 51.8% | 59.1%-7.4pp | 69.1%-17.4pp | 69.0%-17.2pp |
| Annual return | 5.84% | 12.36%-6.5pp | 78.04%-72.2pp | 169.23%-163.4pp |
| Employer contribution / active EE | $318 | $803-60.4% | $1,924-83.5% | $1,963-83.8% |
| Participant deferral / active EE | $2,004 | $2,064-2.9% | $2,794-28.3% | $3,054-34.4% |
| Admin fee / account holder | $305 | $650-53.0% | $4,815-93.7% | $504-39.4% |