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 BARNEY3 years Filed as: MORGAN STANLEY GLOBAL BANKING OPERA Service code 70 · EIN 26-4310632 | Consulting Fees | $72,000 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $70,741 |
PENSION ASSURANCE LLP4 years Service code 10 · EIN 30-0840934 | Accounting | $15,250 |
Filed as: FAEGRE DRINKER Service code 70 · EIN 41-0244008 | Consulting Fees | $3,866 |
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 | $133,725 | $88,890+50.4% | $102,423+30.6% | $77,643+72.2% |
| Participation rate | 96.4% | 80.9%+15.5pp | 76.5%+19.9pp | 70.6%+25.9pp |
| Annual return | 15.94% | 24.98%-9.0pp | 29.32%-13.4pp | 31.24%-15.3pp |
| Employer contribution / active EE | $4,509 | $2,698+67.2% | $3,023+49.2% | $2,726+65.4% |
| Participant deferral / active EE | $9,507 | $5,145+84.8% | $5,053+88.1% | $4,647+104.6% |
| Admin fee / account holder | $3,340 | $235+1318.8% | $9,451-64.7% | $430+676.1% |