Filed July 8, 2021
See peer percentile detail. $4.99 for your first month.
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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 |
|---|---|---|
PRIVATE ADVISOR GROUP LLC2 years Service code 27 65 MADISON AVE STE 300 · MORRISTOWN, NJ 07960 | Advisory (Plan) | $41,994 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $18,974 |
Filed as: THE ANGELL PENSION GROUP, INC Service code 13 88 BOYD AVENUE · EAST PROVIDENCE, RI 02914 | Contract Administrator | $8,900 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $6,718 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $22,734 | $47,126-51.8% | $149,673-84.8% | $74,419-69.5% |
| Participation rate | 56.7% | 63.4%-6.7pp | 78.8%-22.1pp | 70.7%-14.0pp |
| Annual return | 16.63% | 22.75%-6.1pp | 134.42%-117.8pp | 34.38%-17.8pp |
| Employer contribution / active EE | $569 | $1,905-70.1% | $4,818-88.2% | $2,637-78.4% |
| Participant deferral / active EE | $1,521 | $2,728-44.2% | $5,680-73.2% | $4,528-66.4% |
| Admin fee / account holder | $250 | $343-27.0% | $13,210-98.1% | $348-28.1% |