Filed August 27, 2020 (most recent of 4 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 4-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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $67,384 |
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY GLOBAL Service code 27 · EIN 26-4310632 | Advisory (Plan) | $34,251 |
Employer contribution per participant 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,404 | $86,897-38.5% | $151,611-64.8% | $64,808-17.6% |
| Participation rate | 98.2% | 87.3%+10.9pp | 87.5%+10.7pp | 71.5%+26.7pp |
| Annual return | -3.70% | -3.57%-0.1pp | 3.33%-7.0pp | 32.82%-36.5pp |
| Employer contribution / active EE | $1,419 | $4,010-64.6% | $6,166-77.0% | $2,506-43.4% |
| Participant deferral / active EE | $4,908 | $6,690-26.6% | $8,363-41.3% | $4,310+13.9% |
| Admin fee / account holder | $195 | $153+27.6% | $11,616-98.3% | $188+4.0% |