Filed January 25, 2022 (most recent of 2 filings on file)
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 | $39,317 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $19,743 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $155,740 | $113,016+37.8% | $103,476+50.5% | $74,495+109.1% |
| Participation rate | 98.1% | 80.8%+17.4pp | 80.5%+17.6pp | 67.2%+30.9pp |
| Annual return | 17.48% | 23.24%-5.8pp | 23.90%-6.4pp | 1364.94%-1347.5pp |
| Employer contribution / active EE | $9,352 | $4,881+91.6% | $4,672+100.2% | $2,623+256.5% |
| Participant deferral / active EE | $8,070 | $7,279+10.9% | $6,623+21.8% | $4,346+85.7% |
| Admin fee / account holder | $399 | $1,709-76.6% | $9,413-95.8% | $1,942-79.4% |