Filed April 11, 2022
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 | $2,000 |
Service code 16 · EIN 34-1820650 | Consulting | $400 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $148,841 | $122,186+21.8% | $146,958+1.3% | $199,593-25.4% |
| Participation rate | 98.0% | 78.3%+19.7pp | 82.2%+15.8pp | 72.0%+26.0pp |
| Annual return | 13.30% | 30.56%-17.3pp | 418.34%-405.0pp | 34.25%-20.9pp |
| Employer contribution / active EE | $4,483 | $4,093+9.5% | $4,933-9.1% | $3,034+47.7% |
| Participant deferral / active EE | $10,418 | $8,502+22.5% | $8,070+29.1% | $5,087+104.8% |
| Admin fee / account holder | $0 | $179-99.8% | $12,998-100.0% | $269-99.9% |