Filed October 10, 2018
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 O Service code 15 · EIN 84-0467907 | Recordkeeping | $301,742 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $248,473 |
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 | $213,346 | $57,610+270.3% | $154,803+37.8% | $102,872+107.4% |
| Participation rate | 85.1% | 59.5%+25.7pp | 78.1%+7.1pp | 73.0%+12.1pp |
| Annual return | 17.56% | 30.49%-12.9pp | 58.88%-41.3pp | 19.06%-1.5pp |
| Employer contribution / active EE | $11,112 | $1,883+490.1% | $4,305+158.1% | $3,526+215.1% |
| Participant deferral / active EE | $7,895 | $2,914+170.9% | $5,540+42.5% | $5,535+42.6% |
| Admin fee / account holder | $97 | $368-73.7% | $14,329-99.3% | $292-66.9% |