Filed January 29, 2020
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 O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $24,954 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $6,884 |
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 | $102,655 | $44,642+130.0% | $91,220+12.5% | $66,914+53.4% |
| Participation rate | 89.2% | 64.9%+24.3pp | 73.2%+16.0pp | 69.8%+19.4pp |
| Annual return | -13.79% | -12.29%-1.5pp | 114.01%-127.8pp | 1.58%-15.4pp |
| Employer contribution / active EE | $3,605 | $1,706+111.3% | $2,850+26.5% | $2,544+41.7% |
| Participant deferral / active EE | $7,270 | $3,349+117.1% | $4,234+71.7% | $4,237+71.6% |
| Admin fee / account holder | $171 | $521-67.2% | $5,420-96.8% | $593-71.1% |