Filed March 19, 2024 (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 LIFE & ANNUITY INSURANCE Service code 64 COMPANY OF NY · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $110,690 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,677 | $50,127-32.8% | $149,673-77.5% | $80,160-58.0% |
| Participation rate | 83.9% | 64.3%+19.6pp | 78.8%+5.1pp | 72.9%+10.9pp |
| Annual return | 15.69% | 29.82%-14.1pp | 134.42%-118.7pp | 40.38%-24.7pp |
| Employer contribution / active EE | $1,786 | $1,865-4.2% | $4,818-62.9% | $2,978-40.0% |
| Participant deferral / active EE | $0 | $3,194-100.0% | $5,680-100.0% | $5,017-100.0% |
| Admin fee / account holder | $61 | $153-60.2% | $13,210-99.5% | $145-58.1% |