Filed June 12, 2015
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: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $23,506 |
VALMARK ADVISERS INC5 years Service code 27 130 SPRINGSIDE DRIVE, STE 300 · AKRON, OH 44333 | Advisory (Plan) | $16,969 |
Filed as: DOWNEAST PENSION SERVICES INC Service code 13 41 CAMPUS DRIVE · NEW GLOUCESTER, ME 04260 | Contract Administrator | $4,208 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,957 | $47,126-68.3% | $149,673-90.0% | $74,419-79.9% |
| Participation rate | 65.1% | 63.4%+1.7pp | 78.8%-13.7pp | 70.7%-5.6pp |
| Annual return | 14.98% | 22.75%-7.8pp | 134.42%-119.4pp | 34.38%-19.4pp |
| Employer contribution / active EE | $283 | $1,905-85.2% | $4,818-94.1% | $2,637-89.3% |
| Participant deferral / active EE | $1,847 | $2,728-32.3% | $5,680-67.5% | $4,528-59.2% |
| Admin fee / account holder | $158 | $343-53.9% | $13,210-98.8% | $348-54.6% |