Filed July 6, 2021
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 |
|---|---|---|
MORNINGSTAR4+ years Service code 26 · EIN 36-3297908 | Advisory (Participants) | $6,826 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANGEMENT LL Service code 26 · EIN 36-4317381 | Advisory (Participants) | $6,188 |
Filed as: VOYA RETIREMENT INSURANCE & AN. CO. Service code 26 · EIN 71-0294708 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).
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 | $58,508 | $39,898+46.6% | $121,196-51.7% | $55,725+5.0% |
| Participation rate | 49.7% | 61.2%-11.6pp | 71.7%-22.1pp | 70.9%-21.2pp |
| Annual return | -7.40% | -0.96%-6.4pp | 16.93%-24.3pp | 244.93%-252.3pp |
| Employer contribution / active EE | $770 | $1,295-40.5% | $4,022-80.8% | $2,078-62.9% |
| Participant deferral / active EE | $3,303 | $2,439+35.5% | $3,344-1.2% | $3,356-1.6% |
| Admin fee / account holder | $29 | $95-69.7% | $5,019-99.4% | $115-75.0% |