Filed August 15, 2023 (most recent of 4 filings on file)
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $47,808 |
Service code 10 · EIN 38-2445537 | Accounting | $9,275 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $3,044 |
Filed as: EMPOWER FINANCIAL SERVICES, INC. Service code 33 · EIN 84-0965407 | Distribution (12b-1) fees; Shareholde... | $155 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $93,799 | $72,254+29.8% | $86,677+8.2% | $64,808+44.7% |
| Participation rate | 99.4% | 80.4%+19.0pp | 76.6%+22.8pp | 71.5%+27.9pp |
| Annual return | -16.43% | 392.42%-408.9pp | 35.91%-52.3pp | 32.82%-49.2pp |
| Employer contribution / active EE | $5,152 | $2,393+115.3% | $2,836+81.6% | $2,506+105.6% |
| Participant deferral / active EE | $8,707 | $4,658+86.9% | $4,656+87.0% | $4,310+102.0% |
| Admin fee / account holder | $53 | $174-69.8% | $7,493-99.3% | $188-72.0% |