Filed June 19, 2023
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 COMPANY Service code 13 · EIN 06-1050034 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Contract Administrator | $10,435 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,710 | $99,078-51.8% | $96,544-50.6% | $74,419-35.9% |
| Participation rate | 95.8% | 80.7%+15.2pp | 76.0%+19.9pp | 70.7%+25.1pp |
| Annual return | 16.82% | 22.48%-5.7pp | 25.84%-9.0pp | 34.38%-17.6pp |
| Employer contribution / active EE | $1,625 | $2,570-36.8% | $2,965-45.2% | $2,637-38.4% |
| Participant deferral / active EE | $3,766 | $4,933-23.7% | $4,851-22.4% | $4,528-16.8% |
| Admin fee / account holder | $15 | $225-93.1% | $8,252-99.8% | $348-95.6% |