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 INC3 years Service code 27 · EIN 13-2638166 | Advisory (Plan) | $35,112 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $24,724 |
MORNINGSTAR4 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.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $117,945 | $96,484+22.2% | $156,263-24.5% | $74,304+58.7% |
| Participation rate | 95.6% | 67.7%+28.0pp | 78.9%+16.7pp | 60.3%+35.3pp |
| Annual return | 15.73% | 17.73%-2.0pp | 59.47%-43.7pp | 29.43%-13.7pp |
| Employer contribution / active EE | $937 | $2,528-62.9% | $4,333-78.4% | $2,241-58.2% |
| Participant deferral / active EE | $4,901 | $4,286+14.3% | $6,158-20.4% | $3,767+30.1% |
| Admin fee / account holder | $404 | $3,728-89.2% | $14,255-97.2% | $2,969-86.4% |