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 BARNEY8 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 26 · EIN 20-8764829 | Advisory (Participants) | $234,808 |
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | -$19,475 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,186 | $122,186-55.7% | $146,958-63.1% | $199,593-72.9% |
| Participation rate | 33.7% | 78.3%-44.6pp | 82.2%-48.5pp | 72.0%-38.3pp |
| Annual return | 18.25% | 30.56%-12.3pp | 418.34%-400.1pp | 34.25%-16.0pp |
| Employer contribution / active EE | $219 | $4,093-94.7% | $4,933-95.6% | $3,034-92.8% |
| Participant deferral / active EE | $5,130 | $8,502-39.7% | $8,070-36.4% | $5,087+0.8% |
| Admin fee / account holder | $85 | $179-52.3% | $12,998-99.3% | $269-68.3% |