Filed May 8, 2024 (most recent of 2 filings on file)
Total covered: 4 employees
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 |
|---|---|---|
Service code 25 PO BOX 986 1100 W ST GERMAIN ST · ST CLOUD, MN 56301 | Directed Trustee | $28,409 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $15,677 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $77,661 | $88,087-11.8% | $164,866-52.9% | $74,546+4.2% |
| Participation rate | 63.5% | 73.1%-9.5pp | 78.6%-15.1pp | 67.2%-3.7pp |
| Annual return | 17.83% | 17.27%+0.6pp | 69.97%-52.1pp | 1366.03%-1348.2pp |
| Employer contribution / active EE | $3,275 | $2,595+26.2% | $4,343-24.6% | $2,624+24.8% |
| Participant deferral / active EE | $4,820 | $4,499+7.1% | $6,033-20.1% | $4,347+10.9% |
| Admin fee / account holder | $290 | $2,232-87.0% | $12,689-97.7% | $1,944-85.1% |