Filed July 17, 2015
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 ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $81,251 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE CO Service code 15 · EIN 84-0467907 | Recordkeeping | $8,518 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $287,006 | $50,982+463.0% | $154,803+85.4% | $85,563+235.4% |
| Participation rate | 74.6% | 59.8%+14.8pp | 78.1%-3.4pp | 66.0%+8.7pp |
| Annual return | 15.42% | 30.35%-14.9pp | 58.88%-43.5pp | 31.51%-16.1pp |
| Employer contribution / active EE | $5,124 | $1,708+199.9% | $4,305+19.0% | $2,654+93.1% |
| Participant deferral / active EE | $10,366 | $2,474+319.0% | $5,540+87.1% | $4,375+136.9% |
| Admin fee / account holder | $71 | $846-91.6% | $14,329-99.5% | $834-91.5% |