Filed January 25, 2017 (most recent of 3 filings on file)
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 9-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 15 · EIN 84-0467907 | Recordkeeping | $324,453 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $132,982 |
Service code 16 3071 PEARL ROAD · MEDINA, OH 44256 | Consulting | $300 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $126,372 | $112,623+12.2% | $106,213+19.0% | $199,593-36.7% |
| Participation rate | 96.4% | 86.2%+10.1pp | 75.3%+21.1pp | 72.0%+24.4pp |
| Annual return | 14.21% | 15.57%-1.4pp | 116.14%-101.9pp | 34.25%-20.0pp |
| Employer contribution / active EE | $3,045 | $4,575-33.4% | $3,171-4.0% | $3,034+0.3% |
| Participant deferral / active EE | $10,064 | $6,659+51.1% | $5,016+100.6% | $5,087+97.8% |
| Admin fee / account holder | $104 | $107-3.2% | $11,033-99.1% | $269-61.5% |