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 | $28,498 |
VALMARK ADVISERS INC1 year Filed as: VALMARK ADVISERS Service code 27 130 SPRINGSIDE DRIVE, SUITE 300 · AKRON, OH 44333 | Advisory (Plan) | $20,627 |
Filed as: DOWNEAST PENSION SERVICES Service code 13 41 CAMPUS DRIVE, SUITE 302 · NEW GLOUCESTER, ME 04260 | Contract Administrator | $7,048 |
Filed as: LINCOLN - APS Service code 13 · EIN 35-1140070 | Contract Administrator | $100 |
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 | $15,580 | $50,815-69.3% | $155,509-90.0% | $77,643-79.9% |
| Participation rate | 60.8% | 63.1%-2.3pp | 78.2%-17.4pp | 70.6%-9.8pp |
| Annual return | 15.17% | 34.80%-19.6pp | 64.67%-49.5pp | 31.24%-16.1pp |
| Employer contribution / active EE | $283 | $1,993-85.8% | $4,672-93.9% | $2,726-89.6% |
| Participant deferral / active EE | $1,942 | $2,822-31.2% | $5,626-65.5% | $4,647-58.2% |
| Admin fee / account holder | $172 | $437-60.5% | $15,912-98.9% | $430-59.9% |