Filed September 12, 2024 (most recent of 2 filings on file)
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 Service code 15 · EIN 84-0467907 | Recordkeeping | $179,510 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $65,665 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $191,044 | $111,072+72.0% | $156,263+22.3% | $102,872+85.7% |
| Participation rate | 97.4% | 80.1%+17.2pp | 78.9%+18.4pp | 73.0%+24.3pp |
| Annual return | 16.95% | 16.98%0pp | 59.47%-42.5pp | 19.06%-2.1pp |
| Employer contribution / active EE | $5,264 | $4,017+31.0% | $4,333+21.5% | $3,526+49.3% |
| Participant deferral / active EE | $8,355 | $5,455+53.2% | $6,158+35.7% | $5,535+50.9% |
| Admin fee / account holder | $91 | $120-24.4% | $14,255-99.4% | $292-68.8% |