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.
| Provider | Service type | Compensation |
|---|---|---|
GRAY, GRAY & GRAY1 year Filed as: GRAY GRAY & GRAY, LLP Service code 99 34 SOUTHWEST PARK · WESTWOOD, MA 02090 | Other Fees | $18,000 |
MMA SECURITIES LLC2+ years Service code 27 PO BOX 9497 · NEW YORK, NY 10087 | Advisory (Plan) | $16,287 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $8,940 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,278 | $50,815-64.0% | $155,509-88.2% | $77,643-76.5% |
| Participation rate | 44.8% | 63.1%-18.3pp | 78.2%-33.4pp | 70.6%-25.8pp |
| Annual return | 10.89% | 34.80%-23.9pp | 64.67%-53.8pp | 31.24%-20.4pp |
| Employer contribution / active EE | $370 | $1,993-81.4% | $4,672-92.1% | $2,726-86.4% |
| Participant deferral / active EE | $1,227 | $2,822-56.5% | $5,626-78.2% | $4,647-73.6% |
| Admin fee / account holder | $44 | $437-89.9% | $15,912-99.7% | $430-89.7% |