Filed March 11, 2015 (most recent of 3 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 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $103,999 |
Filed as: CANNON FINANCIAL STRATEGISTS INC Service code 99 649-8 S MILLEDGE AVE · ATHENS, GA 30605 | Other Fees | $61,671 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $158,208 | $155,364+1.8% | $103,476+52.9% | $77,643+103.8% |
| Participation rate | 96.9% | 85.5%+11.4pp | 80.5%+16.4pp | 70.6%+26.3pp |
| Annual return | 11.19% | 19.02%-7.8pp | 23.90%-12.7pp | 31.24%-20.1pp |
| Employer contribution / active EE | $5,583 | $5,949-6.1% | $4,672+19.5% | $2,726+104.8% |
| Participant deferral / active EE | $8,467 | $8,482-0.2% | $6,623+27.9% | $4,647+82.2% |
| Admin fee / account holder | $330 | $503-34.3% | $9,413-96.5% | $430-23.3% |