Filed August 8, 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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $256,534 |
MORGAN STANLEY SMITH BARNEY8 years Filed as: MORGAN STANLEY Service code 49 · EIN 26-4310632 | Other Services | $102,050 |
CLIFTONLARSONALLEN LLP4 years Service code 10 · EIN 04-1074674 | Accounting | $17,850 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $31,103 | $52,660-40.9% | $86,612-64.1% | $80,160-61.2% |
| Participation rate | 96.6% | 62.4%+34.2pp | 71.7%+24.9pp | 72.9%+23.7pp |
| Annual return | 16.75% | 24.87%-8.1pp | 591.07%-574.3pp | 40.38%-23.6pp |
| Employer contribution / active EE | $1,599 | $2,140-25.3% | $3,022-47.1% | $2,978-46.3% |
| Participant deferral / active EE | $3,009 | $3,215-6.4% | $4,438-32.2% | $5,017-40.0% |
| Admin fee / account holder | $87 | $113-22.6% | $5,614-98.4% | $145-39.8% |