Filed June 25, 2016
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 | $112,726 |
MERCER2 years Filed as: MERCER (US) INC MERCER INVESTMENTS Service code 16 21875 NETWORK PLACE · CHICAGO, IL 60673 | Consulting | $74,667 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1,911 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $16,150 | $55,331-70.8% | $81,812-80.3% | $199,593-91.9% |
| Participation rate | 31.9% | 62.5%-30.6pp | 72.3%-40.4pp | 72.0%-40.0pp |
| Annual return | 11.71% | 19.59%-7.9pp | 773.79%-762.1pp | 34.25%-22.5pp |
| Employer contribution / active EE | $283 | $2,101-86.5% | $2,912-90.3% | $3,034-90.7% |
| Participant deferral / active EE | $967 | $3,283-70.5% | $4,319-77.6% | $5,087-81.0% |
| Admin fee / account holder | $104 | $346-69.9% | $7,386-98.6% | $269-61.2% |