Filed September 14, 2022
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 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $98,185 |
Service code 27 120 VANTIS STE 400 · ALISO VIEJO, CA 926562689 | Advisory (Plan) | $60,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $116,091 | $108,549+6.9% | $156,263-25.7% | $85,563+35.7% |
| Participation rate | 93.5% | 77.1%+16.4pp | 78.9%+14.6pp | 66.0%+27.5pp |
| Annual return | 16.62% | 21.79%-5.2pp | 59.47%-42.8pp | 31.51%-14.9pp |
| Employer contribution / active EE | $4,934 | $2,690+83.4% | $4,333+13.9% | $2,654+85.9% |
| Participant deferral / active EE | $10,320 | $4,800+115.0% | $6,158+67.6% | $4,375+135.9% |
| Admin fee / account holder | $470 | $650-27.7% | $14,255-96.7% | $834-43.6% |