Filed December 19, 2016
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 |
|---|---|---|
Filed as: MORGAN STANLEY SMITH BARNEY, LLC Service code 49 · EIN 26-4310632 | Other Services | $313 |
MORNINGSTAR2+ years Service code 26 · EIN 36-3298786 | Advisory (Participants) | $228 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $6,067 | $46,761-87.0% | $106,619-94.3% | $57,658-89.5% |
| Participation rate | 62.4% | 56.9%+5.5pp | 78.0%-15.6pp | 70.2%-7.9pp |
| Annual return | 4.24% | 15.77%-11.5pp | 9.42%-5.2pp | 5.13%-0.9pp |
| Employer contribution / active EE | $356 | $1,274-72.1% | $3,947-91.0% | $1,974-82.0% |
| Participant deferral / active EE | $2,102 | $1,954+7.6% | $3,930-46.5% | $3,061-31.3% |
| Admin fee / account holder | $21 | $97-78.3% | $6,418-99.7% | $95-77.8% |