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 BARNEY5 years Filed as: MORGAN STANLEY Service code 49 · EIN 26-4310632 | Other Services | $34,592 |
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $17,362 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Employer 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 | $32,028 | $92,055-65.2% | $106,213-69.8% | $77,643-58.7% |
| Participation rate | 85.9% | 81.0%+4.9pp | 75.3%+10.6pp | 70.6%+15.3pp |
| Annual return | 12.04% | 17.91%-5.9pp | 116.14%-104.1pp | 31.24%-19.2pp |
| Employer contribution / active EE | $940 | $3,367-72.1% | $3,171-70.4% | $2,726-65.5% |
| Participant deferral / active EE | $2,778 | $5,386-48.4% | $5,016-44.6% | $4,647-40.2% |
| Admin fee / account holder | $32 | $219-85.3% | $11,033-99.7% | $430-92.5% |