Filed September 9, 2021
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 |
|---|---|---|
LPL FINANCIAL7+ years Filed as: LPL FINANCIAL LLC Service code 27 PO BOX 509026 · SAN DIEGO, CA 92150 | Advisory (Plan) | $54,074 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE Service code 55 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Other Commissions | $850 |
LPL FINANCIAL8+ years Filed as: LPL FINANCIAL CORPORATION Service code 27 · EIN 95-2834236 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,650 | $26,549+94.5% | $61,373-15.8% | $66,914-22.8% |
| Participation rate | 68.0% | 38.1%+29.9pp | 52.6%+15.4pp | 69.8%-1.8pp |
| Annual return | -13.77% | -16.21%+2.4pp | 338.61%-352.4pp | 1.58%-15.3pp |
| Employer contribution / active EE | $1,035 | $651+58.8% | $1,159-10.8% | $2,544-59.3% |
| Participant deferral / active EE | $3,606 | $1,338+169.5% | $2,125+69.7% | $4,237-14.9% |
| Admin fee / account holder | $6 | $409-98.5% | $2,130-99.7% | $593-99.0% |