Filed November 23, 2022 (most recent of 3 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 | $84,327 |
FINANCIAL ENGINES4 years Filed as: EDELMAN FINANCIAL ENGINES, LLC Service code 26 · EIN 94-3250323 | Advisory (Participants) | $36,105 |
Service code 14 · EIN 42-1279416 | Plan Administrator | $19,705 |
Filed as: DST ASSET MANAGER SOLUTIONS, INC Service code 19 PO BOX 219502 · KANSAS CITY, MO 641219502 | Securities Custodian | $0 |
MASSACHUSETTS MUTUAL LIFE INS. CO.10+ years Filed as: MASSACHUSETTS FINANCIAL SERVICES CO Service code 19 · EIN 04-2747644 | Securities Custodian | $0 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
WELLINGTON TRUST COMPANY6 years Filed as: WELLINGTON TRUST CO., NA Service code 19 280 CONGRESS STREET · BOSTON, MA 02210 | Securities Custodian | $0 |
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 | $79,068 | $55,347+42.9% | $120,354-34.3% | $199,593-60.4% |
| Participation rate | 80.6% | 52.9%+27.8pp | 71.9%+8.7pp | 72.0%+8.7pp |
| Annual return | 11.93% | 15.37%-3.4pp | 107.15%-95.2pp | 34.25%-22.3pp |
| Employer contribution / active EE | $1,053 | $1,296-18.7% | $3,463-69.6% | $3,034-65.3% |
| Participant deferral / active EE | $4,474 | $2,350+90.3% | $4,991-10.4% | $5,087-12.0% |
| Admin fee / account holder | $91 | $134-32.2% | $9,423-99.0% | $269-66.2% |