Filed June 20, 2020
Total covered: 5 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 |
|---|---|---|
LVZ INC3 years Service code 27 240 SOUTH RIVER AVE · HOLLAND, MI 49423 | Advisory (Plan) | $148,103 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $15,534 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,501 | $82,917+5.5% | $103,333-15.3% | $77,643+12.7% |
| Participation rate | 97.5% | 71.6%+25.9pp | 74.5%+23.0pp | 70.6%+26.9pp |
| Annual return | 10.30% | 19.13%-8.8pp | 24.88%-14.6pp | 31.24%-20.9pp |
| Employer contribution / active EE | $3,855 | $3,552+8.5% | $3,868-0.3% | $2,726+41.4% |
| Participant deferral / active EE | $8,065 | $4,108+96.3% | $5,057+59.5% | $4,647+73.6% |
| Admin fee / account holder | $28 | $638-95.6% | $8,355-99.7% | $430-93.5% |