Filed January 22, 2015
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 BARNEY1+ years Service code 27 · EIN 26-4310632 | Advisory (Plan) | $42,610 |
DAILYACCESS CORPORATION1+ years Service code 15 · EIN 63-1156117 | Recordkeeping | $29,667 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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 | $83,248 | $70,667+17.8% | $123,104-32.4% | $52,331+59.1% |
| Participation rate | 93.5% | 83.7%+9.8pp | 86.8%+6.8pp | 68.1%+25.4pp |
| Annual return | -1.63% | 6.23%-7.9pp | 13.22%-14.9pp | 4.54%-6.2pp |
| Employer contribution / active EE | $3,564 | $2,946+21.0% | $5,151-30.8% | $1,882+89.4% |
| Participant deferral / active EE | $4,305 | $4,493-4.2% | $6,230-30.9% | $3,022+42.4% |
| Admin fee / account holder | $495 | $506-2.3% | $9,015-94.5% | $592-16.3% |