Filed March 7, 2019
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 |
|---|---|---|
FIRST HORIZON ADVISORS INC2 years Filed as: FIRST HORIZON ADVISORS, INC. Service code 27 530 OAK COURT DRIVE · MEMPHIS, TN 38117 | Advisory (Plan) | $33,648 |
Filed as: EMPOWER ANNUITY INSURANCE CO OF AME Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $24,436 |
PENSERV PLAN SERVICES, INC.11+ years Filed as: PENSERVCO, INC. Service code 13 PO BOX 4313 · CLEARWATER, FL 33758 | Contract Administrator | $15,756 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $9,532 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $63,564 | $71,964-11.7% | $167,512-62.1% | $85,563-25.7% |
| Participation rate | 33.1% | 61.0%-27.9pp | 77.1%-44.0pp | 66.0%-32.9pp |
| Annual return | 14.88% | 18.83%-3.9pp | 1615.79%-1600.9pp | 31.51%-16.6pp |
| Employer contribution / active EE | $1,377 | $1,875-26.6% | $3,882-64.5% | $2,654-48.1% |
| Participant deferral / active EE | $1,731 | $4,110-57.9% | $6,405-73.0% | $4,375-60.4% |
| Admin fee / account holder | $401 | $815-50.8% | $9,769-95.9% | $834-51.9% |