See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $546,005 |
VALENTINE CPA2+ years Filed as: VALENTINE INSURANCE SERVICES LLC Service code 27 825 VALLEYBROOK DRIVE SUITE 101 · MEMPHIS, TN 38120 | Advisory (Plan) | $185,139 |
Service code 15 · EIN 62-0842964 465 JACK KRAMER DRIVE SUITE 2 · MEMPHIS, TN 38117 | Recordkeeping | $121,883 |
Filed as: EMPOWER ADVISORY GROUP LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $31,247 |
Filed as: ENVESTNET RETIREMENT SOLUTIONS LLC Service code 99 1801 CALIFORNIA ST 3RD FLOOR · DENVER, CO 80202 | Other Fees | $22,431 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $16,585 | $117,739-85.9% | $53,898-69.2% | $117,739-85.9% |
| Participation rate | 65.1% | 76.6%-11.5pp | 55.0%+10.1pp | 76.6%-11.5pp |
| Annual return | 19.33% | 17.29%+2.0pp | 528.60%-509.3pp | 17.29%+2.0pp |
| Employer contribution / active EE | $642 | $3,746-82.9% | $932-31.1% | $3,746-82.9% |
| Participant deferral / active EE | $1,887 | $6,128-69.2% | $1,826+3.3% | $6,128-69.2% |
| Admin fee / account holder | $114 | $112+1.8% | $2,491-95.4% | $112+1.8% |