Filed November 24, 2021
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 |
|---|---|---|
AMERICAN FUNDS5 years Filed as: NEWPORT CAPITAL GROUP LLC Service code 27 12 BROAD ST 5TH FL · RED BANK, NJ 07701 | Advisory (Plan) | $94,971 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $5,124 |
Service code 99 3071 PEARL ROAD · MEDINA, OH 44256 | Other Fees | $400 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $152,012 | $99,078+53.4% | $96,544+57.5% | $74,419+104.3% |
| Participation rate | 80.9% | 80.7%+0.2pp | 76.0%+4.9pp | 70.7%+10.2pp |
| Annual return | 13.91% | 22.48%-8.6pp | 25.84%-11.9pp | 34.38%-20.5pp |
| Employer contribution / active EE | $2,830 | $2,570+10.1% | $2,965-4.6% | $2,637+7.3% |
| Participant deferral / active EE | $6,178 | $4,933+25.2% | $4,851+27.4% | $4,528+36.4% |
| Admin fee / account holder | $140 | $225-37.6% | $8,252-98.3% | $348-59.7% |