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 | $145,279 |
Filed as: MORGAN STANLEY SMITH BARNEY HOLDING Service code 27 · EIN 26-4310632 | Advisory (Plan) | $30,000 |
VENABLE LLP2 years Filed as: VENABLE, LLP Service code 29 · EIN 52-0517250 | Legal | $6,515 |
Filed as: ADAMS, JENKINS AND CHEATHAM, PC Service code 10 · EIN 54-1320089 | Accounting | $6,500 |
Filed as: PRUDENTIAL INSURANCE COMPANY OF AME Service code 15 | Recordkeeping | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $369,945 | $118,971+211.0% | $112,977+227.5% | $73,488+403.4% |
| Participation rate | 100.0% | 83.3%+16.7pp | 82.6%+17.4pp | 70.7%+29.3pp |
| Annual return | 11.99% | 17.79%-5.8pp | 24.24%-12.2pp | 28.51%-16.5pp |
| Employer contribution / active EE | $15,804 | $4,091+286.4% | $4,255+271.5% | $2,270+596.2% |
| Participant deferral / active EE | $12,604 | $6,133+105.5% | $5,836+116.0% | $3,740+237.1% |
| Admin fee / account holder | $733 | $573+28.0% | $6,294-88.3% | $513+42.9% |