Filed September 26, 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 |
|---|---|---|
Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $21,440 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 55 1215 4TH AVE 26TH FL · SEATTLE, WA 98161 | Other Commissions | $1,518 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $1,170 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $27,244 | $42,548-36.0% | $74,550-63.5% | $56,287-51.6% |
| Participation rate | 95.1% | 60.5%+34.7pp | 69.1%+26.0pp | 69.9%+25.3pp |
| Annual return | -6.51% | 12.40%-18.9pp | 32.53%-39.0pp | -9.96%+3.4pp |
| Employer contribution / active EE | $291 | $855-65.9% | $1,961-85.1% | $2,111-86.2% |
| Participant deferral / active EE | $3,572 | $2,277+56.9% | $3,108+14.9% | $3,350+6.6% |
| Admin fee / account holder | $72 | $467-84.5% | $5,060-98.6% | $521-86.1% |