Filed June 6, 2023 (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 | $133,148 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $40,000 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $35,488 | $57,610-38.4% | $154,803-77.1% | $102,872-65.5% |
| Participation rate | 50.8% | 59.5%-8.7pp | 78.1%-27.3pp | 73.0%-22.3pp |
| Annual return | 18.43% | 30.49%-12.1pp | 58.88%-40.5pp | 19.06%-0.6pp |
| Employer contribution / active EE | $835 | $1,883-55.7% | $4,305-80.6% | $3,526-76.3% |
| Participant deferral / active EE | $2,090 | $2,914-28.3% | $5,540-62.3% | $5,535-62.2% |
| Admin fee / account holder | $123 | $368-66.6% | $14,329-99.1% | $292-58.0% |