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 | $29,247 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $10,233 |
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 | $126,656 | $58,926+114.9% | $97,226+30.3% | $74,495+70.0% |
| Participation rate | 91.0% | 63.5%+27.5pp | 72.7%+18.3pp | 67.2%+23.8pp |
| Annual return | 12.23% | 16.04%-3.8pp | 75.13%-62.9pp | 1364.94%-1352.7pp |
| Employer contribution / active EE | $4,780 | $1,894+152.3% | $2,729+75.2% | $2,623+82.2% |
| Participant deferral / active EE | $6,501 | $3,664+77.4% | $4,264+52.5% | $4,346+49.6% |
| Admin fee / account holder | $206 | $1,974-89.6% | $5,654-96.4% | $1,942-89.4% |