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 ADVISORS3 years Filed as: STRATEGIES WEALTH ADVISORS, LLC Service code 27 171 MONROE AVE NW STE 800 · GRAND RAPIDS, MI 49503 | Advisory (Plan) | $38,716 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $31,387 |
MANER COSTERISAN4 years Filed as: MANER COSTERISAN & ELLIS PC DBA MAN Service code 10 2425 E. GRAND RIVER SUITE 1 · LANSING, MI 48912 | Accounting | $7,800 |
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 | $61,609 | $82,972-25.7% | $103,374-40.4% | $77,671-20.7% |
| Participation rate | 81.5% | 71.5%+10.0pp | 74.5%+7.0pp | 70.6%+11.0pp |
| Annual return | 15.10% | 19.14%-4.0pp | 24.89%-9.8pp | 31.21%-16.1pp |
| Employer contribution / active EE | $2,097 | $3,554-41.0% | $3,869-45.8% | $2,726-23.1% |
| Participant deferral / active EE | $3,816 | $4,108-7.1% | $5,058-24.6% | $4,648-17.9% |
| Admin fee / account holder | $231 | $639-63.8% | $8,394-97.2% | $430-46.3% |