Filed May 14, 2020
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 |
|---|---|---|
Filed as: MORGAN STANLEY GLOBAL BANKING OPS Service code 16 1585 BROADWAY, NEW YORK · NEW YORK, NY 10036 | Consulting | $89,179 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $56,252 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,410 | $101,499-38.5% | $147,005-57.5% | $74,546-16.3% |
| Participation rate | 95.3% | 75.5%+19.8pp | 82.2%+13.2pp | 67.2%+28.1pp |
| Annual return | 20.96% | 8732.34%-8711.4pp | 418.76%-397.8pp | 1366.03%-1345.1pp |
| Employer contribution / active EE | $5,772 | $3,811+51.4% | $4,934+17.0% | $2,624+119.9% |
| Participant deferral / active EE | $11,228 | $7,304+53.7% | $8,070+39.1% | $4,347+158.3% |
| Admin fee / account holder | $360 | $1,748-79.4% | $13,006-97.2% | $1,944-81.5% |