Filed December 15, 2022 (most recent of 5 filings on file)
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 ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $131,668 |
Filed as: COMMONWEALTH EQUITY SERVICES LLC DB Service code 27 29 SAWYER RD · WALTHAM, MA 024533483 | Advisory (Plan) | $6,000 |
Service code 99 3071 PEARL ROAD · MEDINA, OH 44256 | Other Fees | $300 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $160,471 | $86,897+84.7% | $151,611+5.8% | $64,808+147.6% |
| Participation rate | 82.6% | 87.3%-4.7pp | 87.5%-4.9pp | 71.5%+11.1pp |
| Annual return | -8.04% | -3.57%-4.5pp | 3.33%-11.4pp | 32.82%-40.9pp |
| Employer contribution / active EE | $6,318 | $4,010+57.6% | $6,166+2.5% | $2,506+152.1% |
| Participant deferral / active EE | $5,625 | $6,690-15.9% | $8,363-32.7% | $4,310+30.5% |
| Admin fee / account holder | $373 | $153+143.9% | $11,616-96.8% | $188+98.7% |