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 BARNEY3+ years Service code 27 · EIN 26-4310632 | Advisory (Plan) | $53,942 |
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $20,511 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $106,893 | $89,739+19.1% | $149,718-28.6% | $62,292+71.6% |
| Participation rate | 95.2% | 85.1%+10.1pp | 87.1%+8.2pp | 69.5%+25.7pp |
| Annual return | 11.59% | 21.01%-9.4pp | 1501.63%-1490.0pp | 28.90%-17.3pp |
| Employer contribution / active EE | $4,303 | $3,233+33.1% | $5,445-21.0% | $2,042+110.7% |
| Participant deferral / active EE | $5,122 | $4,797+6.8% | $6,569-22.0% | $3,169+61.6% |
| Admin fee / account holder | $500 | $551-9.4% | $11,283-95.6% | $479+4.2% |