Filed December 17, 2020 (most recent of 10 filings on file)
Total covered: 8 employees
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 06-1050034 | Contract Administrator | $113,597 |
MORGAN STANLEY SMITH BARNEY2 years Service code 27 · EIN 26-4310632 | Advisory (Plan) | $30,000 |
Filed as: THE PRUDENTIAL INSURANCE COMPANY OF Service code 15 | Recordkeeping | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $282,327 | $102,514+175.4% | $97,995+188.1% | $62,292+353.2% |
| Participation rate | 100.0% | 79.5%+20.5pp | 82.4%+17.6pp | 69.5%+30.5pp |
| Annual return | 16.32% | 32.43%-16.1pp | 23.94%-7.6pp | 28.90%-12.6pp |
| Employer contribution / active EE | $13,958 | $3,689+278.3% | $4,158+235.7% | $2,042+583.5% |
| Participant deferral / active EE | $9,368 | $5,308+76.5% | $5,097+83.8% | $3,169+195.6% |
| Admin fee / account holder | $616 | $378+62.8% | $5,943-89.6% | $479+28.5% |