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 ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $875 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $146,073 | $80,968+80.4% | $96,544+51.3% | $75,163+94.3% |
| Participation rate | 72.5% | 71.8%+0.7pp | 76.0%-3.5pp | 67.2%+5.3pp |
| Annual return | 17.77% | 27.06%-9.3pp | 25.84%-8.1pp | 160.62%-142.9pp |
| Employer contribution / active EE | $36 | $2,282-98.4% | $2,965-98.8% | $2,670-98.7% |
| Participant deferral / active EE | $2,202 | $3,928-43.9% | $4,851-54.6% | $4,125-46.6% |
| Admin fee / account holder | $7 | $6,724-99.9% | $8,252-99.9% | $5,651-99.9% |