Filed September 13, 2019 (most recent of 2 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 50 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Direct Payment | $150,590 |
JANNEY MONTGOMERY SCOTT LLC6 years Service code 27 1717 ARCH ST · PHILADELPHIA, PA 19103 | Advisory (Plan) | $49,643 |
GRANT THORNTON LLP1 year Filed as: GRANT THORTNTON Service code 10 · EIN 36-6055558 | Accounting | $9,000 |
ASCENSUS LLC1 year Filed as: ADMIN PARTNERS, LLC Service code 14 · EIN 26-3310639 | Plan Administrator | $2,055 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $88,267 | $46,292+90.7% | $143,757-38.6% | $64,808+36.2% |
| Participation rate | 68.9% | 64.2%+4.7pp | 80.3%-11.4pp | 71.5%-2.6pp |
| Annual return | -15.07% | -10.05%-5.0pp | -0.04%-15.0pp | 32.82%-47.9pp |
| Employer contribution / active EE | $0 | $1,910-100.0% | $4,951-100.0% | $2,506-100.0% |
| Participant deferral / active EE | $5,152 | $2,646+94.7% | $5,637-8.6% | $4,310+19.5% |
| Admin fee / account holder | $436 | $154+183.4% | $14,673-97.0% | $188+132.1% |