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 | $13,817 |
ALERUS FINANCIAL, N.A.2 years Service code 15 · EIN 45-6062081 | Recordkeeping | $8,533 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $44,703 | $50,175-10.9% | $99,443-55.0% | $65,185-31.4% |
| Participation rate | 61.0% | 68.4%-7.4pp | 73.8%-12.9pp | 70.2%-9.2pp |
| Annual return | 19.85% | 25.36%-5.5pp | 30.72%-10.9pp | 29.38%-9.5pp |
| Employer contribution / active EE | $99 | $1,496-93.4% | $2,540-96.1% | $2,177-95.4% |
| Participant deferral / active EE | $1,560 | $2,748-43.2% | $3,619-56.9% | $3,514-55.6% |
| Admin fee / account holder | $246 | $398-38.2% | $6,250-96.1% | $847-71.0% |