Filed January 2, 2025 (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 |
|---|---|---|
Service code 27 1802 BAYBERRY CT STE 400 · RICHMOND, VA 23226 | Advisory (Plan) | $27,184 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $26,896 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $968 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $109,724 | $65,061+68.6% | $143,757-23.7% | $66,914+64.0% |
| Participation rate | 63.0% | 65.2%-2.2pp | 80.3%-17.3pp | 69.8%-6.8pp |
| Annual return | -12.15% | -11.14%-1.0pp | -0.04%-12.1pp | 1.58%-13.7pp |
| Employer contribution / active EE | $3,157 | $2,361+33.7% | $4,951-36.2% | $2,544+24.1% |
| Participant deferral / active EE | $6,849 | $2,919+134.7% | $5,637+21.5% | $4,237+61.7% |
| Admin fee / account holder | $451 | $502-10.1% | $14,673-96.9% | $593-23.9% |