Filed December 17, 2015
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 | $61,644 |
Service code 55 5707 SOUTHWEST PKWY · AUSTIN, TX 78735 | Other Commissions | $36,687 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $17,965 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,712 | $37,317-15.0% | $77,024-58.8% | $77,904-59.3% |
| Participation rate | 13.9% | 46.9%-32.9pp | 67.9%-54.0pp | 73.7%-59.8pp |
| Annual return | -14.02% | -5.88%-8.1pp | 42.32%-56.3pp | 12.21%-26.2pp |
| Employer contribution / active EE | $267 | $1,218-78.1% | $2,812-90.5% | $2,848-90.6% |
| Participant deferral / active EE | $657 | $2,564-74.4% | $4,426-85.1% | $4,806-86.3% |
| Admin fee / account holder | $235 | $126+86.8% | $5,425-95.7% | $133+77.2% |