Filed February 7, 2020
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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $59,501 |
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 27 · EIN 26-4310632 1 NEW YORK PLAZA, FLOOR 12 · NEW YORK, NY 100041901 | Advisory (Plan) | $38,144 |
ACTUARIAL BENEFITS CORP1 year Filed as: ACTUARIAL BENEFITS CORPORATION Service code 49 · EIN 20-1054428 2790 SKYPARK DRIVE, SUITE 300 · TORRANCE, CA 90505 | Other Services | $21,580 |
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.
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 | $71,923 | $90,410-20.4% | $91,001-21.0% | $77,958-7.7% |
| Participation rate | 62.5% | 86.4%-23.9pp | 75.6%-13.1pp | 71.6%-9.1pp |
| Annual return | 13.35% | 21.34%-8.0pp | 4.60%+8.7pp | 20.87%-7.5pp |
| Employer contribution / active EE | $1,712 | $3,392-49.5% | $2,456-30.3% | $2,310-25.9% |
| Participant deferral / active EE | $2,965 | $4,816-38.4% | $3,547-16.4% | $3,537-16.2% |
| Admin fee / account holder | $63 | $79-20.2% | $5,417-98.8% | $97-35.3% |