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 FUNDS6 years Filed as: NEWPORT CAPITAL GROUP LLC Service code 27 12 BROAD ST 5TH FL · RED BANK, NJ 07701 | Advisory (Plan) | $97,821 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $11,174 |
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 | $162,647 | $88,890+83.0% | $102,423+58.8% | $77,643+109.5% |
| Participation rate | 97.6% | 80.9%+16.7pp | 76.5%+21.1pp | 70.6%+27.0pp |
| Annual return | 12.16% | 24.98%-12.8pp | 29.32%-17.2pp | 31.24%-19.1pp |
| Employer contribution / active EE | $3,607 | $2,698+33.7% | $3,023+19.3% | $2,726+32.3% |
| Participant deferral / active EE | $8,174 | $5,145+58.9% | $5,053+61.8% | $4,647+75.9% |
| Admin fee / account holder | $227 | $235-3.6% | $9,451-97.6% | $430-47.3% |