Filed March 24, 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 |
|---|---|---|
STRATEGIES WEALTH ADVISORS4 years Filed as: STRATEGIES WEALTH ADVISORS, LLC Service code 27 171 MONROE AVE NW STE 800 · GRAND RAPIDS, MI 49503 | Advisory (Plan) | $45,956 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $39,265 |
MANER COSTERISAN5 years Filed as: MANER COSTERISAN & ELLIS PC DBA MAN Service code 10 2425 E. GRAND RIVER SUITE 1 · LANSING, MI 48912 | Accounting | $8,300 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,332 | $95,880-26.6% | $107,525-34.6% | $85,563-17.8% |
| Participation rate | 78.7% | 70.1%+8.6pp | 75.1%+3.6pp | 66.0%+12.7pp |
| Annual return | 16.65% | 68.06%-51.4pp | 181.32%-164.7pp | 31.51%-14.9pp |
| Employer contribution / active EE | $2,011 | $3,812-47.3% | $3,754-46.4% | $2,654-24.2% |
| Participant deferral / active EE | $3,674 | $4,201-12.6% | $5,116-28.2% | $4,375-16.0% |
| Admin fee / account holder | $256 | $1,025-75.0% | $8,919-97.1% | $834-69.3% |