Filed June 11, 2019
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 62 · EIN 04-1590850 | Recordkeeping fees; Float revenue | $43,702 |
Filed as: CETERA ADVISORS LLC Service code 53 · EIN 11-3152836 | Insurance Commissions | $28,585 |
QRPS, INC.10+ years Service code 13 | Contract Administrator | $4,823 |
QRPS, INC.10+ years Filed as: QRPS, INC Service code 13 · EIN 56-1606387 P O BOX 99163 · RALEIGH, NC 27624 | Contract Administrator | $3,050 |
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,451 | $50,820-6.6% | $155,567-69.5% | $77,671-38.9% |
| Participation rate | 48.8% | 63.1%-14.3pp | 78.2%-29.4pp | 70.6%-21.8pp |
| Annual return | 15.67% | 34.85%-19.2pp | 64.74%-49.1pp | 31.21%-15.5pp |
| Employer contribution / active EE | $1,261 | $1,993-36.7% | $4,674-73.0% | $2,726-53.8% |
| Participant deferral / active EE | $2,725 | $2,823-3.5% | $5,628-51.6% | $4,648-41.4% |
| Admin fee / account holder | $195 | $436-55.4% | $15,916-98.8% | $430-54.8% |