Filed March 8, 2024
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 37 · EIN 04-2647786 | Loan Processing | $42,054 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 16 · EIN 20-8764829 | Consulting | $18,093 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $36,458 | $31,741+14.9% | $56,411-35.4% | $199,593-81.7% |
| Participation rate | 10.9% | 32.3%-21.5pp | 52.5%-41.6pp | 72.0%-61.1pp |
| Annual return | 12.89% | 14.72%-1.8pp | 1701.33%-1688.4pp | 34.25%-21.4pp |
| Employer contribution / active EE | $275 | $508-45.8% | $1,039-73.5% | $3,034-90.9% |
| Participant deferral / active EE | $627 | $1,184-47.0% | $1,952-67.9% | $5,087-87.7% |
| Admin fee / account holder | $174 | $426-59.2% | $2,829-93.9% | $269-35.3% |