Filed October 30, 2020
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 RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOD VILLAGE, CO 80111 | Investment Management | $18,065 |
Service code 27 · EIN 13-2808480 | Advisory (Plan) | $13,183 |
Service code 17 · EIN 14-1759450 | Pension Consulting | $7,768 |
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,837 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLIAGE, CO 80111 | Recordkeeping Fees | $1,587 |
Filed as: MERRILL LYNCH LIFE AGENCY, INC. Service code 27 · EIN 13-2808480 | Advisory (Plan) | $111 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $90,735 | $69,159+31.2% | $125,175-27.5% | $67,579+34.3% |
| Participation rate | 61.9% | 78.2%-16.3pp | 79.8%-17.8pp | 71.3%-9.3pp |
| Annual return | 13.21% | 27.12%-13.9pp | 43.79%-30.6pp | 378.56%-365.3pp |
| Employer contribution / active EE | $1,221 | $2,023-39.7% | $3,865-68.4% | $2,148-43.2% |
| Participant deferral / active EE | $3,266 | $3,700-11.7% | $4,937-33.8% | $3,539-7.7% |
| Admin fee / account holder | $79 | $142-44.0% | $9,702-99.2% | $142-44.2% |