Filed December 28, 2020
See peer percentile detail. $4.99 for your first month.
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Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Service code 49 · EIN 04-1590850 | Other Services | $242,062 |
THE ANGELL PENSION GROUP, INC.8+ years Service code 13 · EIN 04-2530412 | Contract Administrator | $83,383 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $43,427 |
Filed as: KESTRA ADVISORY SERVICES LLC Service code 27 | Advisory (Plan) | $39,085 |
Filed as: ASSOCIATED GROCERS OF N.E., INIC. Service code 10 | Accounting | $33,685 |
Filed as: GALLAGHER BENEFIT SERVIES, INC Service code 27 · EIN 36-4291971 | Advisory (Plan) | $33,044 |
Filed as: ASSOCIATED GROCERS OF N.E. Service code 50 · EIN 02-0218229 | Direct Payment | $29,160 |
Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 15 | Recordkeeping | $14,549 |
Filed as: ASSOCIATED GROCERS Service code 10 · EIN 02-0218229 | Accounting | $0 |
Filed as: GREAT WEST LIFE & ANNUITY INS Service code 49 · EIN 84-0467907 | Other Services | $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.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $55,128 | $39,973+37.9% | $79,550-30.7% | $77,904-29.2% |
| Participation rate | 54.7% | 64.6%-9.9pp | 69.5%-14.8pp | 73.7%-19.0pp |
| Annual return | -12.27% | 3.42%-15.7pp | 0.16%-12.4pp | 12.21%-24.5pp |
| Employer contribution / active EE | $1,191 | $1,088+9.5% | $2,413-50.6% | $2,848-58.2% |
| Participant deferral / active EE | $1,735 | $2,774-37.5% | $3,985-56.5% | $4,806-63.9% |
| Admin fee / account holder | $316 | $113+180.1% | $6,832-95.4% | $133+138.6% |