Filed November 20, 2017
Total covered: 3 employees
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 9-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 | $33,184 |
CADARET GRANT & CO INC3 years Service code 55 1 LINCOLN CTR 5TH FL · SYRACUSE, NY 13202 | Other Commissions | $26,600 |
THE WATERFORD GROUP LLC1 year Service code 27 1657 E AVE STE 200 · ROCHESTER, NY 14610 | Advisory (Plan) | $16,162 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $127,925 | $101,317+26.3% | $146,958-13.0% | $74,495+71.7% |
| Participation rate | 79.1% | 75.5%+3.6pp | 82.2%-3.1pp | 67.2%+11.9pp |
| Annual return | 17.66% | 8730.91%-8713.3pp | 418.34%-400.7pp | 1364.94%-1347.3pp |
| Employer contribution / active EE | $1,642 | $3,810-56.9% | $4,933-66.7% | $2,623-37.4% |
| Participant deferral / active EE | $9,946 | $7,303+36.2% | $8,070+23.2% | $4,346+128.9% |
| Admin fee / account holder | $461 | $1,739-73.5% | $12,998-96.5% | $1,942-76.2% |