Filed April 22, 2025 (most recent of 4 filings on file)
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 15 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping | $653,708 |
Filed as: EMPOWER FINANCIAL SERVICES, INC. Service code 33 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Other investment fees and expenses; S... | $460 |
Service code 16 3071 PEARL ROAD · MEDINA, OH 44256 | Consulting | $300 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $176,714 | $106,382+66.1% | $136,007+29.9% | $106,382+66.1% |
| Participation rate | 0.0% | 69.9%-69.9pp | 76.5%-76.5pp | 69.9%-69.9pp |
| Annual return | 11.04% | 17.37%-6.3pp | 579.32%-568.3pp | 17.37%-6.3pp |
| Employer contribution / active EE | $901 | $3,364-73.2% | $4,217-78.6% | $3,364-73.2% |
| Participant deferral / active EE | $2,172 | $5,569-61.0% | $7,025-69.1% | $5,569-61.0% |
| Admin fee / account holder | $339 | $79+328.1% | $6,858-95.1% | $79+328.1% |