Filed October 1, 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 |
|---|---|---|
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY GLOBAL BANKING OPERA Service code 70 · EIN 20-8764829 | Consulting Fees | $72,000 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $57,167 |
Filed as: FAEGRE DRINKER Service code 70 · EIN 41-0244008 | Consulting Fees | $11,640 |
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 | $120,603 | $99,078+21.7% | $96,544+24.9% | $74,419+62.1% |
| Participation rate | 94.9% | 80.7%+14.3pp | 76.0%+19.0pp | 70.7%+24.2pp |
| Annual return | 18.70% | 22.48%-3.8pp | 25.84%-7.1pp | 34.38%-15.7pp |
| Employer contribution / active EE | $4,631 | $2,570+80.2% | $2,965+56.2% | $2,637+75.6% |
| Participant deferral / active EE | $9,844 | $4,933+99.6% | $4,851+102.9% | $4,528+117.4% |
| Admin fee / account holder | $218 | $225-2.9% | $8,252-97.4% | $348-37.3% |