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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY4 years Service code 27 1585 BROADWAY · NEW YORK, NY 10036 | Advisory (Plan) | $39,937 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST OXFORD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $17,577 |
Service code 13 101W BROADWAY STE 1420 · SAN DIEGO, CA 92101 | Contract Administrator | $7,365 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $714 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $105,955 | $83,090+27.5% | $130,062-18.5% | $71,529+48.1% |
| Participation rate | 85.0% | 74.1%+10.9pp | 78.5%+6.5pp | 67.9%+17.1pp |
| Annual return | 16.45% | 20.61%-4.2pp | -137.37%+153.8pp | 28.97%-12.5pp |
| Employer contribution / active EE | $0 | $2,624-100.0% | $4,322-100.0% | $2,590-100.0% |
| Participant deferral / active EE | $1,551 | $4,436-65.0% | $5,821-73.4% | $4,291-63.9% |
| Admin fee / account holder | $358 | $1,727-79.3% | $10,601-96.6% | $1,588-77.5% |