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) | $84,377 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE CO Service code 15 · EIN 84-0467907 | Recordkeeping | $6,320 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $137,274 | $45,000+205.0% | $143,757-4.5% | $77,904+76.2% |
| Participation rate | 75.4% | 66.8%+8.6pp | 80.3%-4.9pp | 73.7%+1.7pp |
| Annual return | -15.50% | 29.03%-44.5pp | -0.04%-15.5pp | 12.21%-27.7pp |
| Employer contribution / active EE | $4,314 | $1,870+130.7% | $4,951-12.9% | $2,848+51.5% |
| Participant deferral / active EE | $8,723 | $3,157+176.3% | $5,637+54.7% | $4,806+81.5% |
| Admin fee / account holder | $48 | $98-51.3% | $14,673-99.7% | $133-63.8% |