Filed August 24, 2017
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 O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $29,913 |
Service code 53 · EIN 74-2794194 | Insurance Commissions | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $67,752 | $64,119+5.7% | $112,228-39.6% | $66,914+1.3% |
| Participation rate | 38.9% | 68.5%-29.6pp | 75.1%-36.2pp | 69.8%-30.9pp |
| Annual return | -15.97% | -13.81%-2.2pp | 27.45%-43.4pp | 1.58%-17.5pp |
| Employer contribution / active EE | $1,381 | $3,005-54.0% | $3,635-62.0% | $2,544-45.7% |
| Participant deferral / active EE | $2,719 | $3,693-26.4% | $4,728-42.5% | $4,237-35.8% |
| Admin fee / account holder | $394 | $625-36.9% | $6,410-93.8% | $593-33.5% |