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 | $99,141 |
Filed as: FIFTH THIRD BANK Service code 27 38 FOUNTAIN SQ PLZ · CINCINNATI, OH 45263 | Advisory (Plan) | $38,082 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $16,578 |
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 | $41,403 | $57,610-28.1% | $154,803-73.3% | $102,872-59.8% |
| Participation rate | 32.0% | 59.5%-27.4pp | 78.1%-46.0pp | 73.0%-41.0pp |
| Annual return | 31.50% | 30.49%+1.0pp | 58.88%-27.4pp | 19.06%+12.4pp |
| Employer contribution / active EE | $635 | $1,883-66.3% | $4,305-85.3% | $3,526-82.0% |
| Participant deferral / active EE | $1,262 | $2,914-56.7% | $5,540-77.2% | $5,535-77.2% |
| Admin fee / account holder | $162 | $368-56.0% | $14,329-98.9% | $292-44.7% |