Filed December 22, 2023
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: WOODBURY FINANCIAL SERVICES, INC. Service code 27 7755 3RD ST N · OAKDALE, MN 55128 | Advisory (Plan) | $12,842 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $7,391 |
JACKSON KELLY PLLC1 year Service code 13 · EIN 55-0394215 PO BOX 553 · CHARLESTON, WV 25322 | Contract Administrator | $1,055 |
Service code 99 1801 CALIFORNIA STREET · DENVER, CO 80202 | Other Fees | $1,027 |
Filed as: EMPOWER ANNUITY INSURANCE CO OF AME Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $57,507 | $65,061-11.6% | $143,757-60.0% | $66,914-14.1% |
| Participation rate | 58.6% | 65.2%-6.6pp | 80.3%-21.7pp | 69.8%-11.2pp |
| Annual return | 13.21% | -11.14%+24.3pp | -0.04%+13.3pp | 1.58%+11.6pp |
| Employer contribution / active EE | $1,929 | $2,361-18.3% | $4,951-61.0% | $2,544-24.2% |
| Participant deferral / active EE | $3,363 | $2,919+15.2% | $5,637-40.3% | $4,237-20.6% |
| Admin fee / account holder | $184 | $502-63.3% | $14,673-98.7% | $593-69.0% |