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 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $90,393 |
Service code 27 · EIN 61-1758632 | Advisory (Plan) | $53,511 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $29,840 |
NOVA 401(K) ASSOCIATES7 years Service code 13 · EIN 20-1181458 10777 NORTHWEST FREEWAY · HOUSTON, TX 77092 | Contract Administrator | $13,262 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,474 | $2,679,533-98.7% | $164,813-79.1% | $199,593-82.7% |
| Participation rate | 32.8% | 78.3%-45.5pp | 78.6%-45.8pp | 72.0%-39.1pp |
| Annual return | 20.34% | 17.93%+2.4pp | 69.93%-49.6pp | 34.25%-13.9pp |
| Employer contribution / active EE | $1,022 | $2,970-65.6% | $4,341-76.5% | $3,034-66.3% |
| Participant deferral / active EE | $1,807 | $5,010-63.9% | $6,031-70.0% | $5,087-64.5% |
| Admin fee / account holder | $200 | $1,982-89.9% | $12,690-98.4% | $269-25.8% |