Filed February 8, 2021 (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, CO 80111 | Recordkeeping Fees | $57,100 |
UNITED BENEFITS GROUP3 years Service code 13 PO BOX 169005 · KANSAS CITY, MO 64116 | Contract Administrator | $28,450 |
Service code 27 100 NORTH BROADWAY · ALBERT LEA, MN 56007 | Advisory (Plan) | $4,166 |
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 | $58,003 | $52,122+11.3% | $104,294-44.4% | $64,808-10.5% |
| Participation rate | 74.7% | 56.0%+18.7pp | 73.3%+1.4pp | 71.5%+3.2pp |
| Annual return | -17.29% | 13.26%-30.6pp | 24.61%-41.9pp | 32.82%-50.1pp |
| Employer contribution / active EE | $2,110 | $1,627+29.7% | $3,372-37.4% | $2,506-15.8% |
| Participant deferral / active EE | $3,835 | $2,823+35.9% | $4,625-17.1% | $4,310-11.0% |
| Admin fee / account holder | $100 | $155-35.1% | $7,339-98.6% | $188-46.6% |