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 |
|---|---|---|
MARIETTA WEALTH MANAGEMENT4 years Filed as: MARIETTA WEALTH MANAGEMENT LLC Service code 27 472 N SESSIONS ST UNIT 24 · MARIETTA, GA 30060 | Advisory (Plan) | $38,953 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $3,233 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O 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.
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 | $66,370 | $55,347+19.9% | $120,354-44.9% | $199,593-66.7% |
| Participation rate | 45.9% | 52.9%-6.9pp | 71.9%-26.0pp | 72.0%-26.0pp |
| Annual return | 10.65% | 15.37%-4.7pp | 107.15%-96.5pp | 34.25%-23.6pp |
| Employer contribution / active EE | $1,643 | $1,296+26.8% | $3,463-52.6% | $3,034-45.9% |
| Participant deferral / active EE | $1,784 | $2,350-24.1% | $4,991-64.3% | $5,087-64.9% |
| Admin fee / account holder | $31 | $134-76.6% | $9,423-99.7% | $269-88.3% |