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 |
|---|---|---|
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY Service code 49 · EIN 26-4310632 | Other Services | $45,261 |
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $30,561 |
WIPFLI LLP4 years Service code 10 · EIN 01-0221665 | Accounting | $9,500 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,618 | $93,131-66.1% | $106,548-70.3% | $86,799-63.6% |
| Participation rate | 73.6% | 81.4%-7.9pp | 76.1%-2.6pp | 72.3%+1.3pp |
| Annual return | 16.99% | 19.45%-2.5pp | 26.80%-9.8pp | 97.91%-80.9pp |
| Employer contribution / active EE | $915 | $2,895-68.4% | $2,819-67.6% | $2,405-62.0% |
| Participant deferral / active EE | $2,120 | $4,708-55.0% | $4,398-51.8% | $4,131-48.7% |
| Admin fee / account holder | $50 | $145-65.2% | $7,407-99.3% | $170-70.2% |