Filed January 19, 2023 (most recent of 3 filings on file)
Total covered: 6 employees
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 ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $65,209 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $59,942 |
Filed as: FIFTH THIRD BANK Service code 27 38 FOUNTAIN SQ PLZ · CINCINNATI, OH 45263 | Advisory (Plan) | $14,679 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $24,582 | $45,000-45.4% | $143,757-82.9% | $77,904-68.4% |
| Participation rate | 33.1% | 66.8%-33.7pp | 80.3%-47.2pp | 73.7%-40.6pp |
| Annual return | -16.93% | 29.03%-46.0pp | -0.04%-16.9pp | 12.21%-29.1pp |
| Employer contribution / active EE | $533 | $1,870-71.5% | $4,951-89.2% | $2,848-81.3% |
| Participant deferral / active EE | $1,205 | $3,157-61.8% | $5,637-78.6% | $4,806-74.9% |
| Admin fee / account holder | $180 | $98+82.6% | $14,673-98.8% | $133+35.6% |