Filed October 9, 2020
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 |
|---|---|---|
UNITED BENEFITS GROUP8+ years Service code 13 1251 NW BRIARCLIFF PKY · KANSAS CITY, MO 64116 | Contract Administrator | $22,295 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $21,754 |
Service code 27 100 NORTH BROADWAY · ALBERT LEA, MN 56007 | Advisory (Plan) | $4,583 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $62,276 | $52,122+19.5% | $104,294-40.3% | $64,808-3.9% |
| Participation rate | 55.3% | 56.0%-0.7pp | 73.3%-18.0pp | 71.5%-16.2pp |
| Annual return | -15.70% | 13.26%-29.0pp | 24.61%-40.3pp | 32.82%-48.5pp |
| Employer contribution / active EE | $700 | $1,627-57.0% | $3,372-79.3% | $2,506-72.1% |
| Participant deferral / active EE | $2,010 | $2,823-28.8% | $4,625-56.5% | $4,310-53.4% |
| Admin fee / account holder | $135 | $155-12.9% | $7,339-98.2% | $188-28.3% |