Filed September 17, 2020
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 42-0127290 | Contract Administrator | $19,654 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $11,731 |
MORNINGSTAR2 years 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 | $41,745 | $51,315-18.6% | $95,745-56.4% | $71,457-41.6% |
| Participation rate | 76.8% | 63.0%+13.8pp | 72.3%+4.6pp | 67.9%+8.9pp |
| Annual return | 14.65% | 25.26%-10.6pp | 28.35%-13.7pp | 28.85%-14.2pp |
| Employer contribution / active EE | $657 | $1,819-63.9% | $2,835-76.8% | $2,588-74.6% |
| Participant deferral / active EE | $3,818 | $3,358+13.7% | $4,245-10.0% | $4,289-11.0% |
| Admin fee / account holder | $251 | $1,137-77.9% | $5,678-95.6% | $1,587-84.2% |