Filed April 8, 2021 (most recent of 2 filings on file)
Total covered: 118 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 26 · EIN 84-1532243 | Advisory (Participants) | $668,443 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $338,704 |
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 | $139,768 | $118,464+18.0% | $96,544+44.8% | $103,482+35.1% |
| Participation rate | 59.8% | 89.0%-29.2pp | 76.0%-16.1pp | 73.3%-13.4pp |
| Annual return | 18.21% | 18.79%-0.6pp | 25.84%-7.6pp | 33.11%-14.9pp |
| Employer contribution / active EE | $5,076 | $4,210+20.6% | $2,965+71.2% | $3,208+58.2% |
| Participant deferral / active EE | $5,613 | $7,277-22.9% | $4,851+15.7% | $5,207+7.8% |
| Admin fee / account holder | $126 | $81+55.9% | $8,252-98.5% | $114+10.7% |