Filed January 25, 2021 (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 4-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 | $70,058 |
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 | $163,889 | $55,415+195.7% | $155,509+5.4% | $74,495+120.0% |
| Participation rate | 93.2% | 61.9%+31.3pp | 78.2%+15.0pp | 67.2%+26.0pp |
| Annual return | 47.90% | 268.50%-220.6pp | 64.67%-16.8pp | 1364.94%-1317.0pp |
| Employer contribution / active EE | $8,678 | $2,267+282.8% | $4,672+85.7% | $2,623+230.9% |
| Participant deferral / active EE | $12,646 | $2,836+345.9% | $5,626+124.8% | $4,346+191.0% |
| Admin fee / account holder | $316 | $1,738-81.8% | $15,912-98.0% | $1,942-83.7% |