Filed November 20, 2018
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 Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $172,429 |
MMA SECURITIES LLC3 years Service code 55 PO BOX 9497 · NEW YORK, NY 10087 | Other Commissions | $76,716 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $8,142 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $133,046 | $89,808+48.1% | $100,391+32.5% | $77,643+71.4% |
| Participation rate | 97.6% | 81.2%+16.4pp | 81.5%+16.2pp | 70.6%+27.1pp |
| Annual return | 15.02% | 20.62%-5.6pp | 49.20%-34.2pp | 31.24%-16.2pp |
| Employer contribution / active EE | $5,403 | $3,039+77.8% | $3,942+37.1% | $2,726+98.2% |
| Participant deferral / active EE | $11,630 | $8,284+40.4% | $8,082+43.9% | $4,647+150.2% |
| Admin fee / account holder | $316 | $174+81.0% | $7,899-96.0% | $430-26.7% |