Filed July 28, 2020 (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, CA 80111 | Recordkeeping Fees | $28,266 |
SHERIDAN ROAD ADVISORS LLC4 years Filed as: HUB INVESTMENT ADVISORS INC Service code 27 11516 MIRACLE HILLS DRIVE · OMAHA, NE 68154 | Advisory (Plan) | $17,678 |
ASCENSUS LLC5 years Filed as: FUTUREPLAN BY ASCENSUS Service code 13 101 W BROADWAY, STE 1420 · SAN DIEGO, CA 92101 | Contract Administrator | $13,329 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,093 | $50,982-7.6% | $154,803-69.6% | $85,563-45.0% |
| Participation rate | 35.6% | 59.8%-24.2pp | 78.1%-42.5pp | 66.0%-30.4pp |
| Annual return | 16.77% | 30.35%-13.6pp | 58.88%-42.1pp | 31.51%-14.7pp |
| Employer contribution / active EE | $918 | $1,708-46.3% | $4,305-78.7% | $2,654-65.4% |
| Participant deferral / active EE | $1,246 | $2,474-49.6% | $5,540-77.5% | $4,375-71.5% |
| Admin fee / account holder | $331 | $846-60.8% | $14,329-97.7% | $834-60.3% |