Filed April 11, 2022
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 BARNEY4 years Filed as: MORGAN STANLEY GLOBAL BANKING OPER Service code 26 · EIN 26-4310632 | Advisory (Participants) | $105,358 |
Service code 37 · EIN 04-2647786 | Loan Processing | $6,825 |
Service code 61 · EIN 04-3333156 | Finders' fees / placement fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,617 | $101,523-61.0% | $141,162-71.9% | $77,787-49.1% |
| Participation rate | 44.1% | 77.4%-33.3pp | 82.5%-38.4pp | 73.2%-29.1pp |
| Annual return | 31.22% | 56.22%-25.0pp | 71.39%-40.2pp | 32.57%-1.4pp |
| Employer contribution / active EE | $206 | $3,341-93.8% | $4,735-95.7% | $2,504-91.8% |
| Participant deferral / active EE | $5,539 | $6,434-13.9% | $6,709-17.4% | $3,967+39.6% |
| Admin fee / account holder | $63 | $92-30.8% | $10,261-99.4% | $100-36.7% |