Filed December 4, 2023
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 |
|---|---|---|
UBS FINANCIAL SERVICES INC2 years Service code 27 · EIN 13-2638166 | Advisory (Plan) | $34,437 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $22,670 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $102,790 | $88,083+16.7% | $164,813-37.6% | $74,495+38.0% |
| Participation rate | 93.2% | 73.0%+20.1pp | 78.6%+14.6pp | 67.2%+26.0pp |
| Annual return | 13.50% | 17.26%-3.8pp | 69.93%-56.4pp | 1364.94%-1351.4pp |
| Employer contribution / active EE | $809 | $2,593-68.8% | $4,341-81.4% | $2,623-69.1% |
| Participant deferral / active EE | $3,818 | $4,498-15.1% | $6,031-36.7% | $4,346-12.1% |
| Admin fee / account holder | $348 | $2,234-84.4% | $12,690-97.3% | $1,942-82.1% |