Filed June 13, 2022 (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: BURNHAM GIBSON WEALTH ADVISORS LLC Service code 27 2050 MAIN ST STE 510 · IRVINE, CA 92614 | Advisory (Plan) | $75,033 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $16,629 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $264,758 | $76,670+245.3% | $96,683+173.8% | $71,457+270.5% |
| Participation rate | 97.3% | 66.6%+30.7pp | 74.3%+23.0pp | 67.9%+29.4pp |
| Annual return | 17.78% | 48.29%-30.5pp | 35.69%-17.9pp | 28.85%-11.1pp |
| Employer contribution / active EE | $16,368 | $3,031+439.9% | $3,737+338.0% | $2,588+532.5% |
| Participant deferral / active EE | $11,264 | $3,771+198.7% | $4,878+130.9% | $4,289+162.6% |
| Admin fee / account holder | $552 | $2,028-72.8% | $6,730-91.8% | $1,587-65.2% |