Filed November 27, 2019
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 4-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: GREAT-WEST LIFE & ANNUITY INSURACE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $16,178 |
SPINNAKER TRUST1 year Service code 21 123 FREE STREET · PORTLAND, ME 04101 | Bank Trustee | $12,489 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $145,750 | $102,553+42.1% | $151,611-3.9% | $66,914+117.8% |
| Participation rate | 100.0% | 85.5%+14.5pp | 87.5%+12.5pp | 69.8%+30.2pp |
| Annual return | 126.83% | -10.82%+137.7pp | 3.33%+123.5pp | 1.58%+125.3pp |
| Employer contribution / active EE | $1,355 | $4,180-67.6% | $6,166-78.0% | $2,544-46.7% |
| Participant deferral / active EE | $4,638 | $6,641-30.2% | $8,363-44.5% | $4,237+9.5% |
| Admin fee / account holder | $651 | $630+3.4% | $11,616-94.4% | $593+9.7% |