Filed June 26, 2024
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 64 · EIN 04-1590850 | Recordkeeping Fees | $30,514 |
EDWARD JONES8 years Filed as: EDWARD D JONES & CO L P Service code 27 · EIN 43-0345811 | Advisory (Plan) | $22,538 |
RANDALL & HURLEY, INC.7 years Service code 13 · EIN 91-1991080 1328 N. WHITMAN LN · LIBERTY LAKE, WA 99019 | Contract Administrator | $700 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,433 | $61,272-30.7% | $149,673-71.6% | $71,457-40.6% |
| Participation rate | 47.1% | 62.5%-15.4pp | 78.8%-31.7pp | 67.9%-20.8pp |
| Annual return | 16.78% | 35.85%-19.1pp | 134.42%-117.6pp | 28.85%-12.1pp |
| Employer contribution / active EE | $746 | $2,378-68.6% | $4,818-84.5% | $2,588-71.2% |
| Participant deferral / active EE | $3,072 | $2,917+5.3% | $5,680-45.9% | $4,289-28.4% |
| Admin fee / account holder | $205 | $1,261-83.7% | $13,210-98.4% | $1,587-87.1% |