Filed October 24, 2024
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 |
|---|---|---|
MMA SECURITIES LLC2 years Service code 27 · EIN 22-3570392 | Advisory (Plan) | $62,669 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $44,848 |
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.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $141,947 | $106,028+33.9% | $146,958-3.4% | $77,643+82.8% |
| Participation rate | 97.8% | 78.4%+19.5pp | 82.2%+15.7pp | 70.6%+27.2pp |
| Annual return | 14.44% | 56.73%-42.3pp | 418.34%-403.9pp | 31.24%-16.8pp |
| Employer contribution / active EE | $1,878 | $4,063-53.8% | $4,933-61.9% | $2,726-31.1% |
| Participant deferral / active EE | $9,219 | $7,990+15.4% | $8,070+14.2% | $4,647+98.4% |
| Admin fee / account holder | $317 | $337-6.2% | $12,998-97.6% | $430-26.4% |