Filed October 8, 2021
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 | $20,995 |
REGIONS BANK2 years Filed as: REGIONS FINANCIAL CORPORATION Service code 99 INSTITUTIONAL FEE TEAM · BIRMINGHAM, AL 35202 | Other Fees | $13,313 |
WINDHAM BRANNON1 year Filed as: WINDHAM BRANNON, P.C. Service code 10 3630 PEACHTREE RD NE STE 600 · ATLANTA, GA 30326 | Accounting | $8,995 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $350 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,428 | $56,423-8.9% | $77,163-33.4% | $71,457-28.0% |
| Participation rate | 71.9% | 64.3%+7.5pp | 69.6%+2.3pp | 67.9%+3.9pp |
| Annual return | 17.67% | 19.05%-1.4pp | 37.87%-20.2pp | 28.85%-11.2pp |
| Employer contribution / active EE | $2,575 | $1,866+38.0% | $2,535+1.6% | $2,588-0.5% |
| Participant deferral / active EE | $4,989 | $3,142+58.8% | $3,833+30.2% | $4,289+16.3% |
| Admin fee / account holder | $333 | $1,429-76.7% | $5,472-93.9% | $1,587-79.0% |