Filed May 15, 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 GROUP OF Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $28,009 |
HAYS FINANCIAL GROUP4 years Filed as: HAYS FINANCIAL GROUP LLC Service code 27 · EIN 41-1931920 80TH S 8TH STREET · MINNEAPOLIS, MN 55402 | Advisory (Plan) | $21,355 |
TSC 401K1 year Service code 13 · EIN 41-0955056 7365 KIRKWOOD COURT N · MAPLE GROVE, MN 55369 | Contract Administrator | $15,067 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,083 | $73,360-69.9% | $177,989-87.6% | $74,495-70.4% |
| Participation rate | 97.2% | 66.6%+30.6pp | 77.1%+20.2pp | 67.2%+30.0pp |
| Annual return | 12.31% | 17.49%-5.2pp | 294.48%-282.2pp | 1364.94%-1352.6pp |
| Employer contribution / active EE | $3,420 | $2,216+54.3% | $3,949-13.4% | $2,623+30.4% |
| Participant deferral / active EE | $4,622 | $4,513+2.4% | $6,276-26.4% | $4,346+6.4% |
| Admin fee / account holder | $162 | $1,808-91.1% | $10,363-98.4% | $1,942-91.7% |