Filed April 23, 2014
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 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $51,752 |
Service code 27 4800 DEER LAKE DR E FL 1 · JACKSONVILLE, FL 322466484 | Advisory (Plan) | $31,535 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $13,062 |
Service code 13 | Contract Administrator | $10,000 |
Filed as: FIRST PARTY ADMINISTRATOR LLC Service code 13 PO BOX 745680 · ATLANTA, GA 30374 | Contract Administrator | $8,817 |
MY BENEFITS, LLC8 years Filed as: MY BENEFITS LLC Service code 99 · EIN 45-2098380 PO BOX 745680 · ATLANTA, GA 30374 | Other Fees | $3,968 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,732 | $91,372-74.0% | $129,995-81.7% | $74,419-68.1% |
| Participation rate | 91.3% | 77.8%+13.5pp | 78.5%+12.8pp | 70.7%+20.5pp |
| Annual return | 15.88% | 23.21%-7.3pp | -137.18%+153.1pp | 34.38%-18.5pp |
| Employer contribution / active EE | $1,361 | $2,563-46.9% | $4,320-68.5% | $2,637-48.4% |
| Participant deferral / active EE | $2,975 | $4,721-37.0% | $5,820-48.9% | $4,528-34.3% |
| Admin fee / account holder | $93 | $283-67.2% | $10,614-99.1% | $348-73.2% |