Filed October 10, 2022
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: KESTRA ADVISORY SERVICES LLC Service code 27 5707 SWST PRKWY BLDG 2 · AUSTIN, TX 78735 | Advisory (Plan) | $165,867 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $57,397 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $67,832 | $91,372-25.8% | $129,995-47.8% | $74,419-8.9% |
| Participation rate | 70.3% | 77.8%-7.5pp | 78.5%-8.2pp | 70.7%-0.5pp |
| Annual return | 14.13% | 23.21%-9.1pp | -137.18%+151.3pp | 34.38%-20.3pp |
| Employer contribution / active EE | $186 | $2,563-92.8% | $4,320-95.7% | $2,637-93.0% |
| Participant deferral / active EE | $3,948 | $4,721-16.4% | $5,820-32.2% | $4,528-12.8% |
| Admin fee / account holder | $904 | $283+218.9% | $10,614-91.5% | $348+159.8% |