Filed September 14, 2023
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 62 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping fees; Float revenue | $64,293 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,506 | $30,086+67.9% | $61,373-17.7% | $64,808-22.1% |
| Participation rate | 60.9% | 36.4%+24.5pp | 52.6%+8.3pp | 71.5%-10.6pp |
| Annual return | -10.29% | -13.99%+3.7pp | 338.61%-348.9pp | 32.82%-43.1pp |
| Employer contribution / active EE | $1,402 | $536+161.5% | $1,159+21.0% | $2,506-44.0% |
| Participant deferral / active EE | $2,293 | $1,126+103.7% | $2,125+7.9% | $4,310-46.8% |
| Admin fee / account holder | $139 | $148-6.0% | $2,130-93.5% | $188-25.9% |