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 FINANCIAL10+ years Filed as: LPL FINANCIAL LLC Service code 55 PO BOX 509026 · SAN DIEGO, CA 92150 | Other Commissions | $55,825 |
Filed as: GINSBERG'S INSTITUTIONAL FOOD, INC. Service code 99 29 GINSBERG LN · HUDSON, NY 12534 | Other Fees | $16,000 |
Service code 13 · EIN 04-2530412 | Contract Administrator | $7,457 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,436 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,060 | $30,588+155.2% | $53,898+44.8% | $85,563-8.8% |
| Participation rate | 59.0% | 26.3%+32.6pp | 55.0%+4.0pp | 66.0%-7.0pp |
| Annual return | 13.27% | 50.42%-37.1pp | 528.60%-515.3pp | 31.51%-18.2pp |
| Employer contribution / active EE | $1,192 | $436+173.4% | $932+27.9% | $2,654-55.1% |
| Participant deferral / active EE | $3,826 | $848+351.2% | $1,826+109.5% | $4,375-12.6% |
| Admin fee / account holder | $150 | $1,879-92.0% | $2,491-94.0% | $834-82.0% |