Filed January 26, 2022
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 |
|---|---|---|
ROCKLAND TRUST10+ years Service code 27 2036 WASHINGTON ST · HANOVER, MA 02339 | Advisory (Plan) | $64,317 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $44,721 |
RSM US LLP6 years Filed as: MCGLADREY LLP Service code 10 5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674 | Accounting | $32,130 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1,660 |
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 | $151,754 | $89,436+69.7% | $164,813-7.9% | $77,643+95.5% |
| Participation rate | 90.7% | 78.6%+12.0pp | 78.6%+12.1pp | 70.6%+20.1pp |
| Annual return | 15.64% | 28.83%-13.2pp | 69.93%-54.3pp | 31.24%-15.6pp |
| Employer contribution / active EE | $8,511 | $2,569+231.3% | $4,341+96.1% | $2,726+212.2% |
| Participant deferral / active EE | $5,078 | $4,897+3.7% | $6,031-15.8% | $4,647+9.3% |
| Admin fee / account holder | $470 | $339+38.4% | $12,690-96.3% | $430+9.2% |