Filed December 13, 2022 (most recent of 2 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MORGAN STANLEY Service code 49 · EIN 26-4310632 | Other Services | $34,290 |
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $15,484 |
WIPFLI LLP3 years Service code 10 · EIN 39-0758449 | Accounting | $11,500 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,490 | $85,135-58.3% | $98,907-64.1% | $73,409-51.7% |
| Participation rate | 77.2% | 81.1%-4.0pp | 76.0%+1.2pp | 72.2%+5.0pp |
| Annual return | 13.60% | 19.14%-5.5pp | 196.43%-182.8pp | 59.29%-45.7pp |
| Employer contribution / active EE | $751 | $2,721-72.4% | $2,689-72.1% | $2,234-66.4% |
| Participant deferral / active EE | $1,807 | $4,349-58.5% | $4,244-57.4% | $3,805-52.5% |
| Admin fee / account holder | $47 | $139-66.2% | $6,642-99.3% | $158-70.2% |