Filed June 30, 2022
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 Service code 27 1300 THAMES ST WHARF 4TH FL · BALTIMORE, MD 21231 | Advisory (Plan) | $76,762 |
ACTUARIAL BENEFITS CORP3 years Service code 11 2790 SKYPARK DR. STE 300 · TORRANCE, CA 90505 | Actuarial | $17,867 |
Filed as: GREAT-WEST LIFE & ANNUITY INS. CO. Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $0 |
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 | $154,394 | $84,487+82.7% | $125,339+23.2% | $66,914+130.7% |
| Participation rate | 98.5% | 76.4%+22.1pp | 82.4%+16.2pp | 69.8%+28.7pp |
| Annual return | -16.76% | -8.39%-8.4pp | 572.05%-588.8pp | 1.58%-18.3pp |
| Employer contribution / active EE | $3,550 | $3,553-0.1% | $4,814-26.3% | $2,544+39.5% |
| Participant deferral / active EE | $11,425 | $6,781+68.5% | $7,446+53.4% | $4,237+169.7% |
| Admin fee / account holder | $539 | $685-21.3% | $10,010-94.6% | $593-9.1% |