Filed March 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 |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $45,569 |
Filed as: CAMBRIDGE INVESTMENT RESEARCH INC Service code 55 1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556 | Other Commissions | $21,698 |
BFBA, LLP1 year Filed as: BFBA LLP Service code 10 83 SCRIPPS DR STE 210 · SACRAMENTO, CA 95825 | Accounting | $9,500 |
Service code 27 6300 BRIDGE POINT PKWY BLDG 1 STE 3 · AUSTIN, TX 787305097 | Advisory (Plan) | $4,392 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,887 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $36,535 | $92,971-60.7% | $96,683-62.2% | $74,419-50.9% |
| Participation rate | 38.4% | 71.5%-33.2pp | 74.3%-36.0pp | 70.7%-32.4pp |
| Annual return | 18.44% | 37.49%-19.0pp | 35.69%-17.2pp | 34.38%-15.9pp |
| Employer contribution / active EE | $694 | $3,426-79.7% | $3,737-81.4% | $2,637-73.7% |
| Participant deferral / active EE | $2,945 | $3,970-25.8% | $4,878-39.6% | $4,528-35.0% |
| Admin fee / account holder | $245 | $633-61.2% | $6,730-96.4% | $348-29.4% |