Filed December 21, 2022 (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 |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $74,640 |
ALERUS FINANCIAL, N.A.6 years Filed as: ALERUS FINANCIAL NA Service code 27 PO BOX 6001 · GRAND FORKS, ND 58201 | Advisory (Plan) | $20,800 |
Service code 16 3071 PEARL ROAD · MEDINA, OH 44256 | Consulting | $400 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,647 | $84,784+6.9% | $98,439-7.9% | $74,419+21.8% |
| Participation rate | 98.0% | 81.5%+16.5pp | 75.2%+22.8pp | 70.7%+27.3pp |
| Annual return | 18.20% | 20.59%-2.4pp | 21.16%-3.0pp | 34.38%-16.2pp |
| Employer contribution / active EE | $6,008 | $3,364+78.6% | $3,048+97.1% | $2,637+127.8% |
| Participant deferral / active EE | $4,454 | $5,218-14.6% | $4,738-6.0% | $4,528-1.6% |
| Admin fee / account holder | $223 | $204+9.3% | $8,948-97.5% | $348-35.7% |