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 9-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 INS. CO. OF AMERICA Service code 64 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $56,071 |
Service code 27 4340 REDWOOD HWY STE 860 · SAN RAFAEL, CA 94903 | Advisory (Plan) | $30,420 |
Service code 12 PO BOX 3789 · LITTLETON, CO 80161 | Contract Administrator; Claims proces... | $13,316 |
ALERUS FINANCIAL, N.A.1 year Filed as: ALERUS FINANCIAL NA Service code 13 PO BOX 6001 · GRAND FORKS, ND 58201 | Contract Administrator | $250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $38,184 | $46,292-17.5% | $143,757-73.4% | $64,808-41.1% |
| Participation rate | 32.7% | 64.2%-31.5pp | 80.3%-47.6pp | 71.5%-38.7pp |
| Annual return | -14.61% | -10.05%-4.6pp | -0.04%-14.6pp | 32.82%-47.4pp |
| Employer contribution / active EE | $1,818 | $1,910-4.8% | $4,951-63.3% | $2,506-27.5% |
| Participant deferral / active EE | $409 | $2,646-84.5% | $5,637-92.7% | $4,310-90.5% |
| Admin fee / account holder | $268 | $154+74.3% | $14,673-98.2% | $188+42.7% |