Filed May 1, 2019
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 |
|---|---|---|
BLUE CHIP RETIREMENT PLANS, INC.2+ years Service code 13 6737 W WSHINGTON, SUITE 1105 · MILAWUKEE, WI 53214 | Contract Administrator | $9,554 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $1,963 |
Filed as: EMPOWER RETIREMENT ADVIORY SERVICES Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1,698 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,531 | $89,739-47.0% | $149,718-68.3% | $62,292-23.7% |
| Participation rate | 65.8% | 85.1%-19.3pp | 87.1%-21.3pp | 69.5%-3.7pp |
| Annual return | 26.35% | 21.01%+5.3pp | 1501.63%-1475.3pp | 28.90%-2.5pp |
| Employer contribution / active EE | $0 | $3,233-100.0% | $5,445-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $4,712 | $4,797-1.8% | $6,569-28.3% | $3,169+48.7% |
| Admin fee / account holder | $35 | $551-93.7% | $11,283-99.7% | $479-92.7% |