Filed April 2, 2024
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 LIFE & ANNUITY INSURANCE CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $359,585 |
Filed as: COTA STREET INVESTMENT MANAGEMENT Service code 28 24 E. COTA STREET · SANTA BARBARA, CA 93101 | Investment Management | $359,066 |
Service code 27 24 E COTA ST STE 200 · SANTA BARBARA, CA 93101 | Advisory (Plan) | $161,853 |
FREED MAXICK CPAS PC1 year Service code 10 424 MAIN ST STE 800 · BUFFALO, NY 14202 | Accounting | $32,400 |
BOND, SCHOENECK & KING, PLLC6 years Filed as: BOND SCHOENECK & KING PLLC Service code 29 PO BOX 11607 · SYRACUSE, NY 13218 | Legal | $20,201 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $28,116 | $76,173-63.1% | $81,382-65.5% | $199,593-85.9% |
| Participation rate | 98.4% | 76.3%+22.1pp | 69.5%+28.9pp | 72.0%+26.4pp |
| Annual return | 15.69% | 15.59%+0.1pp | 24.73%-9.0pp | 34.25%-18.6pp |
| Employer contribution / active EE | $981 | $2,792-64.9% | $2,463-60.2% | $3,034-67.7% |
| Participant deferral / active EE | $5,724 | $4,201+36.2% | $3,883+47.4% | $5,087+12.5% |
| Admin fee / account holder | $102 | $146-30.4% | $5,768-98.2% | $269-62.2% |