Filed January 23, 2025
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 7-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 15 · EIN 84-0467907 | Recordkeeping | $352,146 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $290,244 |
Service code 99 47774 W ANCHOR CT · PLYMOUTH, MI 48170 | Other Fees | $76,728 |
SIKICH LLP6 years Service code 10 17335 GOLF PKWY STE 500 · BROOKFIELD, WI 530451128 | Accounting | $26,405 |
Filed as: QDRO CONSULTANTS Service code 16 · EIN 34-1820650 | Consulting | $900 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $87,882 | $152,281-42.3% | $106,213-17.3% | $99,062-11.3% |
| Participation rate | 88.1% | 92.2%-4.1pp | 75.3%+12.9pp | 71.6%+16.5pp |
| Annual return | 12.51% | 15.00%-2.5pp | 116.14%-103.6pp | 17.66%-5.1pp |
| Employer contribution / active EE | $3,306 | $5,348-38.2% | $3,171+4.2% | $3,262+1.3% |
| Participant deferral / active EE | $4,577 | $8,206-44.2% | $5,016-8.8% | $5,331-14.2% |
| Admin fee / account holder | $110 | $77+42.0% | $11,033-99.0% | $109+0.9% |