Filed October 1, 2019
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: FIRST GREAT-WEST LIFE & ANNUITY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $103,599 |
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 | $128,542 | $84,487+52.1% | $125,339+2.6% | $66,914+92.1% |
| Participation rate | 100.0% | 76.4%+23.6pp | 82.4%+17.6pp | 69.8%+30.2pp |
| Annual return | -14.10% | -8.39%-5.7pp | 572.05%-586.2pp | 1.58%-15.7pp |
| Employer contribution / active EE | $5,494 | $3,553+54.6% | $4,814+14.1% | $2,544+115.9% |
| Participant deferral / active EE | $9,320 | $6,781+37.4% | $7,446+25.2% | $4,237+120.0% |
| Admin fee / account holder | $414 | $685-39.5% | $10,010-95.9% | $593-30.1% |