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 LIFE & ANNUITY INSURANCE CO Service code 15 · EIN 84-0467907 | Recordkeeping | $8,019 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $55,271 | $50,815+8.8% | $155,509-64.5% | $77,643-28.8% |
| Participation rate | 55.4% | 63.1%-7.7pp | 78.2%-22.7pp | 70.6%-15.1pp |
| Annual return | 13.39% | 34.80%-21.4pp | 64.67%-51.3pp | 31.24%-17.8pp |
| Employer contribution / active EE | $930 | $1,993-53.3% | $4,672-80.1% | $2,726-65.9% |
| Participant deferral / active EE | $1,487 | $2,822-47.3% | $5,626-73.6% | $4,647-68.0% |
| Admin fee / account holder | $13 | $437-97.1% | $15,912-99.9% | $430-97.0% |