Filed November 28, 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 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 | $77,772 |
UBS FINANCIAL SERVICES INC4 years Filed as: UBS FINANCIAL SERVICES INC. Service code 27 315 DEADERICK ST., 5TH FLOOR · NASHVILLE, TN 37238 | Advisory (Plan) | $26,338 |
Filed as: BLUE RIDGE ESOP ASSOCIATES Service code 13 154 HANSEN RD STE 102 · CHARLOTTESVILE, VA 22911 | Contract Administrator | $24,331 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $11,011 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,313 | $241,101-94.1% | $103,333-86.1% | $199,593-92.8% |
| Participation rate | 93.1% | 78.3%+14.8pp | 74.5%+18.6pp | 72.0%+21.1pp |
| Annual return | 30.55% | 17.80%+12.7pp | 24.88%+5.7pp | 34.25%-3.7pp |
| Employer contribution / active EE | $648 | $4,244-84.7% | $3,868-83.3% | $3,034-78.7% |
| Participant deferral / active EE | $2,019 | $3,958-49.0% | $5,057-60.1% | $5,087-60.3% |
| Admin fee / account holder | $109 | $288-62.1% | $8,355-98.7% | $269-59.5% |