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 TRUST11+ years Service code 27 2036 WASHINGTON ST · HANOVER, MA 02339 | Advisory (Plan) | $75,114 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $42,454 |
RSM US LLP7 years Filed as: MCGLADREY LLP Service code 10 5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674 | Accounting | $29,505 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $8,202 |
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 | $171,011 | $108,549+57.5% | $156,263+9.4% | $85,563+99.9% |
| Participation rate | 95.6% | 77.1%+18.5pp | 78.9%+16.7pp | 66.0%+29.6pp |
| Annual return | 16.81% | 21.79%-5.0pp | 59.47%-42.7pp | 31.51%-14.7pp |
| Employer contribution / active EE | $8,169 | $2,690+203.7% | $4,333+88.5% | $2,654+207.8% |
| Participant deferral / active EE | $5,509 | $4,800+14.8% | $6,158-10.6% | $4,375+25.9% |
| Admin fee / account holder | $476 | $650-26.7% | $14,255-96.7% | $834-42.9% |