Filed January 9, 2025
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 5-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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $150,580 |
Filed as: EMPOWER ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $47,932 |
Service code 27 · EIN 59-2937883 | Advisory (Plan) | $36,384 |
ASCENSUS LLC5+ years Filed as: ACCESS RETIREMENT SERVICES LLC Service code 13 190D SAUNDERSVILLE RD, STE 4004 · HENDERSONVILLE, TN 37075 | Contract Administrator | $8,374 |
ASCENSUS LLC1 year Filed as: ACCESS RETIREMENT SERVICES, LLC Service code 16 · EIN 62-1700633 | Consulting | $8,028 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $4,652 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,186 | $53,136-52.6% | $155,509-83.8% | $199,593-87.4% |
| Participation rate | 44.7% | 64.1%-19.3pp | 78.2%-33.5pp | 72.0%-27.2pp |
| Annual return | 243.01% | 41.15%+201.9pp | 64.67%+178.3pp | 34.25%+208.8pp |
| Employer contribution / active EE | $541 | $1,851-70.8% | $4,672-88.4% | $3,034-82.2% |
| Participant deferral / active EE | $2,261 | $3,161-28.5% | $5,626-59.8% | $5,087-55.6% |
| Admin fee / account holder | $126 | $185-32.0% | $15,912-99.2% | $269-53.1% |