Filed April 21, 2022
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 8-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 15 · EIN 84-0467907 | Recordkeeping | $284,518 |
SAGEVIEW ADVISORY GROUP, LLC2 years Filed as: SAGEVIEW ADVISORY GROUP LLC Service code 27 1920 MAIN ST STE 800 · IRVINE, CA 92614 | Advisory (Plan) | $201,770 |
Filed as: CBIZ CPAS PC Service code 10 · EIN 43-1947695 | Accounting | $27,300 |
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 | $67,204 | $103,282-34.9% | $81,382-17.4% | $99,062-32.2% |
| Participation rate | 79.7% | 73.2%+6.5pp | 69.5%+10.2pp | 71.6%+8.1pp |
| Annual return | 12.00% | 15.11%-3.1pp | 24.73%-12.7pp | 17.66%-5.7pp |
| Employer contribution / active EE | $1,438 | $3,061-53.0% | $2,463-41.6% | $3,262-55.9% |
| Participant deferral / active EE | $3,757 | $4,549-17.4% | $3,883-3.3% | $5,331-29.5% |
| Admin fee / account holder | $93 | $78+18.4% | $5,768-98.4% | $109-14.8% |