Filed February 18, 2020
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.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $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 | $82,895 |
Filed as: MML INVESTORES SERVICES INC Service code 55 · EIN 04-2746212 1295 STATE ST · SPRINGFIELD, MA 011110001 | Other Commissions | $17,496 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,265 | $55,415+6.9% | $155,509-61.9% | $74,495-20.4% |
| Participation rate | 98.3% | 61.9%+36.4pp | 78.2%+20.1pp | 67.2%+31.1pp |
| Annual return | 16.88% | 268.50%-251.6pp | 64.67%-47.8pp | 1364.94%-1348.1pp |
| Employer contribution / active EE | $2,363 | $2,267+4.2% | $4,672-49.4% | $2,623-9.9% |
| Participant deferral / active EE | $4,910 | $2,836+73.1% | $5,626-12.7% | $4,346+13.0% |
| Admin fee / account holder | $367 | $1,738-78.9% | $15,912-97.7% | $1,942-81.1% |