Filed December 9, 2021
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 | $205,890 |
MARIETTA WEALTH MANAGEMENT3 years Filed as: MARIETTA WEALTH MANAGEMENT LLC Service code 99 472 N SESSIONS ST UNIT 24 · MARIETTA, GA 30060 | Other Fees | $34,350 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1,117 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $66,880 | $50,287+33.0% | $112,229-40.4% | $80,160-16.6% |
| Participation rate | 42.9% | 52.9%-10.0pp | 72.4%-29.5pp | 72.9%-30.0pp |
| Annual return | 12.69% | 19.72%-7.0pp | 30.20%-17.5pp | 40.38%-27.7pp |
| Employer contribution / active EE | $1,423 | $1,211+17.5% | $3,430-58.5% | $2,978-52.2% |
| Participant deferral / active EE | $1,561 | $2,265-31.1% | $4,798-67.5% | $5,017-68.9% |
| Admin fee / account holder | $29 | $116-74.7% | $7,748-99.6% | $145-79.7% |