Filed March 8, 2017 (most recent of 4 filings on file)
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 |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 15 · EIN 84-0467907 | Recordkeeping | $114,037 |
CHARLES SCHWAB & CO., INC.9 years Service code 26 · EIN 94-1737782 | Advisory (Participants) | $1,123 |
Service code 16 · EIN 34-1820650 | Consulting | $800 |
Annual investment return 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 | $184,855 | $122,186+51.3% | $146,958+25.8% | $199,593-7.4% |
| Participation rate | 83.4% | 78.3%+5.1pp | 82.2%+1.3pp | 72.0%+11.5pp |
| Annual return | 12.49% | 30.56%-18.1pp | 418.34%-405.9pp | 34.25%-21.8pp |
| Employer contribution / active EE | $7,490 | $4,093+83.0% | $4,933+51.8% | $3,034+146.8% |
| Participant deferral / active EE | $7,932 | $8,502-6.7% | $8,070-1.7% | $5,087+55.9% |
| Admin fee / account holder | $72 | $179-60.0% | $12,998-99.4% | $269-73.4% |