Filed May 24, 2022 (most recent of 2 filings on file)
Total covered: 20 employees
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 LIFE & ANNUITY INSURANCE CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $133,825 |
Service code 99 530 W 166TH ST 4TH FL · NEW YORK, NY 10032 | Other Fees | $45,000 |
GRAY, GRAY & GRAY1 year Filed as: GRAY GRAY & GRAY, LLP Service code 10 34 SOUTHWEST PARK · WESTWOOD, MA 02090 | Accounting | $14,000 |
MMA SECURITIES LLC3 years Service code 27 PO BOX 9497 · NEW YORK, NY 10087 | Advisory (Plan) | $13,180 |
Filed as: BENCHMARK RETIREMENT PLAN SERVICES Service code 99 2215 PLANK RD STE 249 · FREDERICKSBURG, VA 22401 | Other Fees | $6,938 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,133 | $50,820-78.1% | $155,567-92.8% | $77,671-85.7% |
| Participation rate | 100.0% | 63.1%+36.9pp | 78.2%+21.8pp | 70.6%+29.4pp |
| Annual return | 7.66% | 34.85%-27.2pp | 64.74%-57.1pp | 31.21%-23.6pp |
| Employer contribution / active EE | -$0 | $1,993-100.0% | $4,674-100.0% | $2,726-100.0% |
| Participant deferral / active EE | $0 | $2,823-100.0% | $5,628-100.0% | $4,648-100.0% |
| Admin fee / account holder | $271 | $436-37.9% | $15,916-98.3% | $430-37.1% |