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 FINANCIAL8+ years Filed as: LPL FINANCIAL LLC Service code 55 PO BOX 509026 · SAN DIEGO, CA 92150 | Other Commissions | $45,493 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $689 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $59,349 | $27,839+113.2% | $58,482+1.5% | $71,457-16.9% |
| Participation rate | 68.0% | 34.5%+33.4pp | 50.9%+17.1pp | 67.9%0pp |
| Annual return | 14.37% | 26.81%-12.4pp | 4239.32%-4224.9pp | 28.85%-14.5pp |
| Employer contribution / active EE | $1,345 | $631+113.2% | $1,053+27.7% | $2,588-48.0% |
| Participant deferral / active EE | $3,964 | $1,206+228.6% | $1,924+106.1% | $4,289-7.6% |
| Admin fee / account holder | $3 | $1,641-99.8% | $2,516-99.9% | $1,587-99.8% |