Filed June 4, 2019
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: GREAT-WEST TRUST COMPANY, LLC. Service code 15 · EIN 84-0467907 | Recordkeeping | $93,588 |
HIGHTOWER ADVISORS LLC1 year Filed as: HIGHTOWER ADVISORS, LLC. Service code 27 200 W MADISON ST STE 2500 · CHICAGO, IL 60606 | Advisory (Plan) | $37,500 |
Filed as: GREAT-WEST LIFE & ANNUITY INS., CO Service code 15 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $102,137 | $80,976+26.1% | $122,332-16.5% | $80,976+26.1% |
| Participation rate | 1.6% | 68.3%-66.7pp | 71.6%-70.1pp | 68.3%-66.7pp |
| Annual return | 19.93% | 22.91%-3.0pp | 30.27%-10.3pp | 22.91%-3.0pp |
| Employer contribution / active EE | $88 | $2,402-96.3% | $4,050-97.8% | $2,402-96.3% |
| Participant deferral / active EE | $607 | $3,848-84.2% | $3,287-81.5% | $3,848-84.2% |
| Admin fee / account holder | $209 | $67+209.6% | $5,478-96.2% | $67+209.6% |