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 | $33,568 |
VALMARK ADVISERS INC2 years Filed as: VALMARK ADVISERS Service code 27 130 SPRINGSIDE DRIVE, SUITE 300 · AKRON, OH 44333 | Advisory (Plan) | $22,090 |
Filed as: DOWNEAST PENSION SERVICES Service code 13 41 CAMPUS DRIVE, SUITE 302 · NEW GLOUCESTER, ME 04260 | Contract Administrator | $2,075 |
NBT BANCORP NA1 year Filed as: NBT BANK NA DBA TPA EXPERTS Service code 13 | Contract Administrator | $775 |
LINCOLN NATIONAL CORPORATION2 years 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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,915 | $50,982-68.8% | $154,803-89.7% | $85,563-81.4% |
| Participation rate | 59.5% | 59.8%-0.2pp | 78.1%-18.5pp | 66.0%-6.4pp |
| Annual return | 16.51% | 30.35%-13.8pp | 58.88%-42.4pp | 31.51%-15.0pp |
| Employer contribution / active EE | $282 | $1,708-83.5% | $4,305-93.4% | $2,654-89.4% |
| Participant deferral / active EE | $1,854 | $2,474-25.1% | $5,540-66.5% | $4,375-57.6% |
| Admin fee / account holder | $158 | $846-81.3% | $14,329-98.9% | $834-81.1% |