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 | $788 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $173,504 | $86,929+99.6% | $102,423+69.4% | $80,856+114.6% |
| Participation rate | 71.2% | 72.4%-1.2pp | 76.5%-5.3pp | 67.6%+3.6pp |
| Annual return | 16.52% | 18.88%-2.4pp | 29.32%-12.8pp | 35.59%-19.1pp |
| Employer contribution / active EE | $86 | $2,369-96.4% | $3,023-97.1% | $2,755-96.9% |
| Participant deferral / active EE | $1,821 | $4,118-55.8% | $5,053-64.0% | $4,296-57.6% |
| Admin fee / account holder | $7 | $8,049-99.9% | $9,451-99.9% | $6,918-99.9% |