Filed March 19, 2020
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 5-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL3 years Service code 27 PO BOX 502533 · SAN DIEGO, CA 92150 | Advisory (Plan) | $119,230 |
STRATOS WEALTH PARTNERS2 years Service code 27 3750 PARK EAST DR STE 200 · BEACHWOOD, OH 44122 | Advisory (Plan) | $119,230 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $112,393 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,698 | $128,169-72.9% | $147,080-76.4% | $106,553-67.4% |
| Participation rate | 18.6% | 67.3%-48.8pp | 82.2%-63.6pp | 69.8%-51.3pp |
| Annual return | 50.74% | 17.88%+32.9pp | 420.17%-369.4pp | 17.37%+33.4pp |
| Employer contribution / active EE | $103 | $3,374-97.0% | $4,933-97.9% | $3,359-96.9% |
| Participant deferral / active EE | $946 | $7,665-87.7% | $8,066-88.3% | $5,562-83.0% |
| Admin fee / account holder | $61 | $88-30.4% | $12,989-99.5% | $80-23.1% |