Filed October 15, 2024 (most recent of 3 filings on file)
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 | $4,244,575 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 50 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Direct Payment | $16,839 |
Filed as: EMPOWER FINANCIAL SERVICES, INC. Service code 33 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Participant communication; Direct pay... | $14,321 |
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $349,808 | $244,991+42.8% | $106,201+229.4% | $106,408+228.7% |
| Participation rate | 96.2% | 88.4%+7.8pp | 75.3%+20.9pp | 69.9%+26.3pp |
| Annual return | 15.56% | 13.48%+2.1pp | 116.26%-100.7pp | 17.37%-1.8pp |
| Employer contribution / active EE | $11,902 | $8,816+35.0% | $3,170+275.5% | $3,361+254.1% |
| Participant deferral / active EE | $14,997 | $11,442+31.1% | $5,012+199.2% | $5,567+169.4% |
| Admin fee / account holder | $111 | $88+26.6% | $11,039-99.0% | $79+40.7% |