Filed March 28, 2024 (most recent of 2 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 3-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 RETIREMENT, LLC Service code 21 · EIN 84-1233483 8515 E. ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Bank Trustee | $322,658 |
ALIGHT SOLUTIONS LLC1 year Service code 15 · EIN 82-1061233 | Recordkeeping | $296,566 |
ALIGHT SOLUTIONS LLC1 year Filed as: ALIGHT FINANCIAL SOLUTIONS, LLC Service code 33 · EIN 82-1061233 | Distribution (12b-1) fees; Securities... | $39,655 |
Filed as: BNY MELLON Service code 21 · EIN 13-2614959 240 GREENWICH STREET · NEW YORK, NY 10286 | Bank Trustee | $5,743 |
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 | $235,497 | $145,516+61.8% | $184,203+27.8% | $99,062+137.7% |
| Participation rate | 88.4% | 90.3%-1.8pp | 86.8%+1.6pp | 71.6%+16.8pp |
| Annual return | 14.63% | 21.23%-6.6pp | 28.81%-14.2pp | 17.66%-3.0pp |
| Employer contribution / active EE | $6,294 | $5,354+17.5% | $6,427-2.1% | $3,262+92.9% |
| Participant deferral / active EE | $14,981 | $8,423+77.9% | $9,131+64.1% | $5,331+181.0% |
| Admin fee / account holder | $55 | $78-29.6% | $13,901-99.6% | $109-49.8% |