Filed November 27, 2023 (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 O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $87,745 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $8,449 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $125,495 | $53,345+135.3% | $121,098+3.6% | $74,419+68.6% |
| Participation rate | 67.6% | 60.0%+7.6pp | 69.5%-1.9pp | 70.7%-3.1pp |
| Annual return | 20.22% | 35.15%-14.9pp | 985.75%-965.5pp | 34.38%-14.2pp |
| Employer contribution / active EE | $1,129 | $1,898-40.5% | $4,164-72.9% | $2,637-57.2% |
| Participant deferral / active EE | $4,633 | $3,221+43.8% | $4,080+13.6% | $4,528+2.3% |
| Admin fee / account holder | $158 | $382-58.6% | $5,644-97.2% | $348-54.6% |