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 ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $70,706 |
Service code 13 435 NEW KARNER ROAD · ALBANY, NY 12205 | Contract Administrator | $23,517 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $102,589 | $71,142+44.2% | $119,609-14.2% | $64,808+58.3% |
| Participation rate | 59.3% | 78.6%-19.3pp | 79.3%-20.0pp | 71.5%-12.2pp |
| Annual return | -15.87% | -10.01%-5.9pp | -14.97%-0.9pp | 32.82%-48.7pp |
| Employer contribution / active EE | $1,243 | $2,497-50.2% | $4,232-70.6% | $2,506-50.4% |
| Participant deferral / active EE | $3,507 | $4,490-21.9% | $5,602-37.4% | $4,310-18.6% |
| Admin fee / account holder | $232 | $162+42.9% | $10,323-97.8% | $188+23.4% |