Filed November 6, 2023
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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $51,411 |
Service code 16 · EIN 81-0635433 | Consulting | $7,500 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $93,553 | $82,202+13.8% | $125,339-25.4% | $64,808+44.4% |
| Participation rate | 96.5% | 77.9%+18.6pp | 82.4%+14.1pp | 71.5%+25.0pp |
| Annual return | -16.52% | 3.48%-20.0pp | 572.05%-588.6pp | 32.82%-49.3pp |
| Employer contribution / active EE | $1,367 | $3,615-62.2% | $4,814-71.6% | $2,506-45.4% |
| Participant deferral / active EE | $7,433 | $7,175+3.6% | $7,446-0.2% | $4,310+72.4% |
| Admin fee / account holder | $135 | $163-17.3% | $10,010-98.7% | $188-28.1% |